Inflation and price instability
In: China economic review, Band 1, Heft 2, S. 155-165
ISSN: 1043-951X
6015822 Ergebnisse
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In: China economic review, Band 1, Heft 2, S. 155-165
ISSN: 1043-951X
In: The world today, Band 3, S. 18-28
ISSN: 0043-9134
In: Journal of post-Keynesian economics, Band 11, Heft 3, S. 439-459
ISSN: 1557-7821
In: Ekonomske teme: Economic themes, Band 58, Heft 2, S. 203-217
ISSN: 2217-3668
Abstract
The stability of business in an economy has always been the primary goal that is difficult to achieve, and inflation is most often used as its basic indicator. It is a signal of change in the general price level. The paper analyzes inflation and prices of agricultural and food products as a combined phenomenon, examines their causes and consequences in the Republic of Serbia. Particular importance is attached to the change in prices of agri-food products and the prices of inputs caused by the changes that are taking place at the global level, which are gaining increasing influence in the national context. The change in price parity and the influence of the world monopolistic structure on inflation are pointed out. It also points to the importance of demand, which causes inflation in less developed countries, and which results in higher food prices, additionally putting pressure on wage growth, which, as a rule, is not a consequence of productivity growth. The authors state that with the internationalization of business activities, there was a transfer of influence of international trends on the level and effects of inflation at the national level. Given the trends in the world market, it can be concluded that the prices of agri-food products will not decrease. However, they will - due to the pressure exerted by the constant growth of the population, i.e. on the demand side, demand inflation will constantly manifest.
In: Communist economies and economic transformation: journal of the Centre for Research into Communist Economies, Band 3, Heft 2, S. 187-200
In: China economic review, Band 3, Heft 2, S. 219-223
ISSN: 1043-951X
In: European Journal of Political Economy, Band 2, Heft 1, S. 77-89
In: Far Eastern survey, Band 8, Heft 16, S. 183-190
In: Far Eastern survey, Band 8, S. 183-190
ISSN: 0362-8949
In: The Economic Journal, Band 30, Heft 120, S. 484
In: China economic review, Band 3, Heft 2, S. 213-218
ISSN: 1043-951X
In: Journal of Monetary Economics, Band 52, Heft 3, S. 621-632
In: The Manchester School, Band 70, Heft 4, S. 570-595
ISSN: 1467-9957
In a New Keynesian macroeconomic model under credible commitment, price level targeting dominates inflation targeting. But with sufficient inflation aversion the inflation–targeting central bank can produce quantitatively similar results to one targeting the price level. The current degree of inflation aversion demonstrated by the Bank of England may be sufficient to reap the benefits of price level targeting.
In: A Gee's study book
In: Economy and History, Band 17, Heft 1, S. 94-105