A Study in the Theory of Inflation |
Contents
Inflation as a special case of a more general model | 8 |
The relation between this analysis and earlier theories | 18 |
A SWEDISH APPROACH TO SOME FUNDAMENTAL RELA | 25 |
Copyright | |
14 other sections not shown
Common terms and phrases
absolute prices active attempts actual analysis assumed assumption attempts to purchase B₁ B₂ C₁ calculation capitalists Chap commodity and factor commodity-markets considered decline in productivity decrease demand for commodities demand for factors demand for labour-services Do-curve due to scarcity economic entrepreneurs equal equations Erik Lindahl Erik Lundberg ex post expected income expected sales curve factor-gap factor-market increase of price indirect tax inflationary gap initial situation J. M. Keynes J. R. Hicks labour-power Lindahl magnitudes marginal cost curve marginal revenue curve markets maximum price modities monetary equilibrium monetary excess demand monetary pressure optimum purchases p₁ perfect competition planned demand curve planned production planned purchases possible pressure of inflation price due price increase due price-index price-line price-wage ratio prices and wage-rates profit purchases of commodities purchasing plans Q₁ Qmax quasi-equilibrium system repressed inflation Section static equilibrium Stockholm stocks taxes tion unit period VIII wages workers zero