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A Reconsideration of the Theory of Inflation Robert
Paternalism and Prices G C Archibald and David Donaldson
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adjustment allocation analysis assets assume balance Bank Bank of England behaviour Benston billion black-market rate capital cent changes commodity competitive consumer consumption corporate costs countries crude oil decline disclosure disintermediation dollars domestic economic effect efficiency energy equilibrium equity excess demand exchange expected exports firm function higher important increase inflationary inputs insider trading interest rates inventory investment issues Journal Keynesian Khmer lags Lon Nol long-term marginal measure ment MICHAEL ALLINGHAM monetarist monetary growth monetary policy money supply money wages nominal non-paternalist numeraire oil industry oil prices OPEC ordinal utility output period planning position preferences price level price of oil problem production profits rates of return recent reduce relationship relative result revenue riel rise sector securities stability stock market stock prices surplus theory tion trade transactions United Kingdom variables vertical integration Walrasian welfare economics York Stock Exchange