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Distributional Conflict and Inflation: Theoretical and Historical Perspectives
Author(s): Richard C.K. Burdekin (Author), Paul Burkett (Author)
- Publisher: Palgrave Macmillan
- Publication Date: 28 Aug. 1996
- Language: English
- Print length: 312 pages
- ISBN-10: 0333629140
- ISBN-13: 9780333629147
Book Description
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.
