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THE THEORY OF INFLATION

Hardcover
$470.00
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The theory of inflation seeks to explain why inflation occurs and why its rate varies, to explain the co-movements betwen the inflation rate and other variables and to permit the design of mechanisms capable of delivering an optimal inflation path.

The Theory of Inflation presents in one volume a comprehensive description of the historical inflation record, surveys the current state of knowledge on the fundamental forces that cause inflation and the mechanisms that propagate it, and examines...