Monetarism, budget deficits, and wage push inflation: the cases of Italy and the U.K.
The present paper discusses two of the major areas of current disagreement between monetarists and anti-monetarists. The first concerns inflation-unemployment relationships and the distinction between demand-pull and cost-push pressures. The second concerns the underlying causes of inflationary pres...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2014-01-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11532 |