The Politics of Inflation and Economic Stagnation: Theoretical Approaches and International Case Studies
Leon N. Lindberg, Charles S. Maier
Brookings Institution, 1985 - Business & Economics - 612 pages
In this conference volume, which focuses on aspects of the crisis that economists often presuppose to be beyond control, the authors analyze the political and social underpinning of inflation and recession.
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Inflation and Stagnation as Politics and History
Models of the InflationDisinflation Process
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acceleration agreement American average bargaining Britain budget deficits Bundesbank business cycle capital capitalist central bank change in prices Colin Crouch conflict corporatism costs countries decline demand Democracy Deutsche Bundesbank economic policy economists effect election electoral employers exchange rate exports Federal Reserve finance firms fiscal policy France government spending groups incomes policy independence inflation rate inflationary institutional interest investment Italy Japan Japanese labor market less long-run macroeconomic major monetarist monetary policy money supply negotiations Nordhaus OECD OPEC organized outcomes parties percent of GNP period Phillips curve policymakers Political Economy postwar pressure problem productivity profits public expenditure public sector rate of change rate of inflation recession relationship relative result rise role share Social Democratic Stockholm strategy structure Sweden Swedish trade unions trend unemployment United Kingdom University Press wage increases wage policy West Germany workers