3%
Off
Inflation, Stagflation, Relative Prices, and Imperfect Information

Inflation, Stagflation, Relative Prices, and Imperfect Information Paperback

by Alex Cukierman (Author)

Online price: Rs2,519

Rs2,444

You save Rs75

Imported Edition
Free home delivery
Cash on delivery You will be asked to pay the full amount when your item is delivered. Only cash is accepted for this type of order.
Delivered in 8-10 working days

This book surveys the imperfect-information approach to inflation and its real effects. Two types of informational limitation are considered. One involves situations in which individuals have asymmetric information about the current general price level and consequently confuse relative and aggregate changes in prices. The other considers situations in which individuals cannot distinguish permanent from transitory changes as soon as they occur, creating a temporary but persistent confusion between such changes. The author presents the arguments within the context of the recent re-evaluations by economists of previously established views concerning inflation and its interaction with real phenomena.

  • Pages: 220
  • Publisher: Cambridge University Press
  • Language: English
  • ISBN: 9780521070843
  • Category: Business & Economics

Read customer reviews on this product. If you have read this book, why not post your own review?

Be the first to review this product

Also by Alex Cukierman

Compare (0 items, 0 selected)
Compare selected Deselect all Remove all

Only items of the same type can be compared.