Persistent Inflation. Historical and Policy Essays / / Phillip Cagan.

• Superior document: Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Archive 1898-1999
• VerfasserIn: Cagan, Phillip,
• Place / Publishing House: New York, NY : : Columbia University Press, , [1979]; ©1979
• Year of Publication: 1979
• Language: English
• Physical Description: 1 online resource (286 p.)

A collection of essays spanning the decade from 1968 to 1976 that cover the nature and cause of inflation, historical surveys of inflation, and policy analyses. The selection of essays is meant to reflect the perception of the problem of inflation, as well as the prognoses and disappointments, that were widely held at the time.

Table of Contents

Frontmatter -- Contents -- Preface -- Part I. The Nature and Cause of Inflation -- 1. Emergence of The “Problem” of Inflation -- 2. Monetary Versus Cost-Push Theories of Inflation -- 3. Changes in the Cyclical Behavior of Prices -- Part II. The Escalation of Inflation since 1965 -- 4. From the Beginning of Inflation in 1965 to the Imposition of Price Controls in 1971 -- 5. The Economy under Controls, 1971–1973 -- 6. Foreign Influences in the Inflationary Outburst of 1973–1974 -- 7. Recovery from the Recession of 1973–1975 -- Part III. Policy Issues -- 8. The Reduction of Inflation and the Magnitude of Unemployment -- 9. The Reduction of Inflation by Slack Demand -- Appendix Tables -- Notes -- References Cited -- Index