Inflation, Stagflation, Relative Prices, and Imperfect Information

Inflation, Stagflation, Relative Prices, and Imperfect Information
Автор
 
Год
 
Страниц
 
216
ISBN
 
0521070848
Издатель
 
John Wiley and Sons, Ltd
Категория
 
Новые поступления. Бизнес и экономика

Описание:

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. The other considers situations in which individuals cannot distinguish permanent from transitory changes as soon as they occur.

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