A Strategic Theory of Inflation
收藏NBER1979-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0379
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资源简介：
A strategic mechanism of price adjustment is introduced to explain inflations in the U.S. during 1909-1974. The mechanism follows from our theory that when the profit rate is above a normal-target rate, competitive forces operate to lower prices while if the profit rate is below the target a
提供机构：
美国国家经济研究局
创建时间：
1979-08-01
