Inflation and the UK Labour Market.
This paper explores the reasons why inflation is, and has been for four decades, endemic in Britain. We argue that there is a fundamental supply-side constraint in the economy which takes deficit and increases in inflation. The mix of monetary and fiscal policy, along with private sector demand shoc...
| Glavni avtor: | |
|---|---|
| Format: | Journal article |
| Jezik: | English |
| Izdano: |
1990
|