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...

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Bibliographic Details
Main Authors: T.D. WILLETT, L.O. LANEY
Format: Article
Language:English
Published: Associazione Economia civile 2014-01-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11532