Bedrock in the money wage - money supply inflation controversy
The article reviews the different views on the causes of inflation between the two leading macroeconomic paradigms - the Monetarist and the post Keynesian. By analysing the explicit and implicit assumptions underlying the two approaches, the author concludes that a full employment policy compatible...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-11-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11056 |
| _version_ | 1811172506767196160 |
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| author | S. WEINTRAUB |
| author_facet | S. WEINTRAUB |
| author_sort | S. WEINTRAUB |
| collection | DOAJ |
| description | The article reviews the different views on the causes of inflation between the two leading macroeconomic paradigms - the Monetarist and the post Keynesian. By analysing the explicit and implicit assumptions underlying the two approaches, the author concludes that a full employment policy compatible with stable prices requires the synchronisation of both monetary and income policy.
JEL: E31, E12, E13
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| first_indexed | 2024-04-10T17:31:18Z |
| format | Article |
| id | doaj.art-5c0bf409fd4940608e72faa68160d3b4 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:31:18Z |
| publishDate | 2013-11-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-5c0bf409fd4940608e72faa68160d3b42023-02-03T16:45:46ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-11-013413910.13133/2037-3643/11056Bedrock in the money wage - money supply inflation controversyS. WEINTRAUBThe article reviews the different views on the causes of inflation between the two leading macroeconomic paradigms - the Monetarist and the post Keynesian. By analysing the explicit and implicit assumptions underlying the two approaches, the author concludes that a full employment policy compatible with stable prices requires the synchronisation of both monetary and income policy. JEL: E31, E12, E13 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11056InflationMonetaristpost-Keynesianemployment policystable prices |
| spellingShingle | S. WEINTRAUB Bedrock in the money wage - money supply inflation controversy PSL Quarterly Review Inflation Monetarist post-Keynesian employment policy stable prices |
| title | Bedrock in the money wage - money supply inflation controversy |
| title_full | Bedrock in the money wage - money supply inflation controversy |
| title_fullStr | Bedrock in the money wage - money supply inflation controversy |
| title_full_unstemmed | Bedrock in the money wage - money supply inflation controversy |
| title_short | Bedrock in the money wage - money supply inflation controversy |
| title_sort | bedrock in the money wage money supply inflation controversy |
| topic | Inflation Monetarist post-Keynesian employment policy stable prices |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11056 |
| work_keys_str_mv | AT sweintraub bedrockinthemoneywagemoneysupplyinflationcontroversy |