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Distributional Conflict And Inflation
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Book Synopsis Distributional Conflict and Inflation by : R. Burdekin
Download or read book Distributional Conflict and Inflation written by R. Burdekin and published by Springer. This book was released on 1996-08-28 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been relatively little work applying the conflict inflation approach in different theoretical and historical settings. This book remedies this gap by treating private-sector distributional conflicts as well as government budgetary pressures on the money supply and the price level. Attention is drawn to the costs of non-accommodative policies in a conflict setting - and to the additional difficulties of non-accommodation likely associated with the use of exchange rate pegging as a disinflation device.
Book Synopsis Distributional Conflict and Inflation by : R. Burdekin
Download or read book Distributional Conflict and Inflation written by R. Burdekin and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Distributional Conflict and Inflation by : Richard C. K. Burdekin
Download or read book Distributional Conflict and Inflation written by Richard C. K. Burdekin and published by . This book was released on 1996 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been relatively little work applying the conflict inflation approach in different theoretical and historical settings. This book remedies this gap by treating private-sector distributional conflicts as well as government budgetary pressures on the money supply and the price level. Attention is drawn to the costs of non-accommodativepolicies in a conflict setting - and to the additional difficulties of non-accommodation likely associated with the use of exchange rate pegging as a disinflation device.
Book Synopsis Conflict, inflation and the distribution of income by : Peter Skott
Download or read book Conflict, inflation and the distribution of income written by Peter Skott and published by . This book was released on 1992 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis On Inertia, Social Conflict, and the Structuralist Analysis of Inflation by : Jaime Ros
Download or read book On Inertia, Social Conflict, and the Structuralist Analysis of Inflation written by Jaime Ros and published by . This book was released on 1989 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation and Conflict in Iraq by : Udo Kock
Download or read book Inflation and Conflict in Iraq written by Udo Kock and published by International Monetary Fund. This book was released on 2010-07-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a theoretical model based on the insights into the workings of socialist economies under supply shortages provided by Shleifer and Vishny (1992) to help explain price dynamics. In the model, strategic behavior of the fuel distribution monopolist results in fuel shortages, with implications for fuel and non-fuel inflation. A number of step-wise adjustments of administered prices for fuel products since December 2005 offer an interesting experiment to help study this behavior. Our findings show that inflation may have been influenced by shortages in fuel and non-fuel commodity supplies, which themselves are driven by violence and rent-seeking.
Book Synopsis Inflation, Inequality, and Social Conflict by : Christopher W. Crowe
Download or read book Inflation, Inequality, and Social Conflict written by Christopher W. Crowe and published by International Monetary Fund. This book was released on 2006-06 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents and then tests a political economy model to analyze the observed positive relationship between income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the political process. The model predicts that inequality and 'elite bias' in the political system interact to create incentives for inflation. The paper's empirical section focuses on this predicted interaction effect. The identification strategy involves using the end of the Cold War as a source of exogenous variation in the political environment. It finds robust evidence in support of the model.
Book Synopsis Distributional Conflict in Organizations by : Roman Inderst
Download or read book Distributional Conflict in Organizations written by Roman Inderst and published by . This book was released on 2002 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis State Intervention Into Conflict Over Income Distribution by : Richard Jankowski
Download or read book State Intervention Into Conflict Over Income Distribution written by Richard Jankowski and published by . This book was released on 1984 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation and Social Conflict by : Michael Gilbert
Download or read book Inflation and Social Conflict written by Michael Gilbert and published by Brighton, Sussex : Wheatsheaf Books. This book was released on 1986 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Conflict Fuels Inflation But the Tinder Lies Elsewhere by : Arslan Razmi
Download or read book Conflict Fuels Inflation But the Tinder Lies Elsewhere written by Arslan Razmi and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing country inflation is in the headlines again. Mainstream macroeconomics typically ignores the role of conflict while non-mainstream work tends to ignore macroeconomic constraints. This paper revisits the issue employing a dependent economy framework with eclectic characteristics. Specifically, I explore the mechanisms that propagate both real and monetary sources of inflation in the presence of real wage resistance and distributional conflict. The analysis shows that the inability to pay for subsidies with taxes or bond issuance in a stylized developing economy could create a situation where a relatively small shock leads to sustained and accelerating inflation and a wage-price spiral, thanks to conflicting claims on income. Subsidies to protect consumers from external price shocks could, similarly, leave a country vulnerable to accelerating wage-price spirals as the relative price effects of a declining foreign asset position are dampened. Distributional conflict thus plays the role of sustainer rather than the primum mobile. Price controls could, in theory, better enable inflation management if these do not result in redistribution towards spenders. Such controls, however, create other trade-off for countries facing balance-of-payments fragility.
Book Synopsis Inflation is Always and Everywhere ... a Conflict Phenomenon by : Eckhard Hein
Download or read book Inflation is Always and Everywhere ... a Conflict Phenomenon written by Eckhard Hein and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation and profit shares in the course of the Covid-19 recovery and the Russian war in Ukraine. It distinguishes between the Keynes, Kaldor, Robinson, and Marglin tradition, and the Kalecki, Rowthorn, and Dutt tradition. Two prototype models in the latter tradition-the Dutt, Blecker/Setterfield and Lavoie variant, and the Rowthorn and Hein/Stockhammer variant-are discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative macroeconomic policy approach are evaluated. It is argued that from a post-Keynesian perspective inflation is always and everywhere a conflict phenomenon, with different potential triggers. Adequate policies should thus focus on moderating distribution conflict by incomes policies, complemented by central banks targeting low long-term real interest rates, functional finance fiscal policies and international coordination of inflation targets.
Book Synopsis Time Consistency, Redistribution, Inequality and Monetary Policy by : Stefania Albanesi
Download or read book Time Consistency, Redistribution, Inequality and Monetary Policy written by Stefania Albanesi and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of my dissertation is to study and evaluate two views about the origins of high inflation and its cross-country variation: the inflation bias hypothesis and the distributional conflict hypothesis.
Book Synopsis Battle of the Markups by : Frederick van der Ploeg
Download or read book Battle of the Markups written by Frederick van der Ploeg and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the post-Covid rise in inflation, a debate has emerged whether this inflation is "seller-driven" and, if so, how policy should respond. We build a model to capture the underlying distributional conflict between wage- and price-setters both wishing to attain a certain markup. We highlight a new "aspirational channel" of monetary transmission: by influencing cyclical conditions, a central bank can control inflation through affecting markup aspirations of workers and firms. We establish conditions under which an inflationary situation characterized by inconsistent aspirations requires a reduction in economic activity, to push demands of workers and firms towards consistency. We find that countercyclical markups and/or a flat Phillips curve call for more "dovish" monetary policy (responding less to inflation deviations, more to the output gap). Estimating price markup cyclicality across 43 countries, we find that contractionary monetary shocks indeed have stronger anti-inflationary effects in countries with greater markup procyclicality.
Book Synopsis The Political Economy of Inflation by : Fred Hirsch
Download or read book The Political Economy of Inflation written by Fred Hirsch and published by . This book was released on 1978 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Institutions, Inflation and Unemployment by : Edward J. Amadeo
Download or read book Institutions, Inflation and Unemployment written by Edward J. Amadeo and published by Edward Elgar Publishing. This book was released on 1994 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work looks at the relationship between inflation and distributive conflict among social groups in an environment of pervasive uncertainty. It considers theoretical, institutional and empirical aspects of a problem which has been at the root of the Brazilian development crisis for 15 years.
Book Synopsis The Political Economy of Distributive Conflict by : R. J. Davis
Download or read book The Political Economy of Distributive Conflict written by R. J. Davis and published by . This book was released on 1981 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
