Inflation, Stagflation, Relative Prices, and Imperfect Information Book + PRICE WATCH * Amazon pricing is not included in price watch

Inflation, Stagflation, Relative Prices, and Imperfect Information Book

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.Read More

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  • 0521070848
  • 9780521070843
  • Alex Cukierman
  • 28 August 2008
  • Cambridge University Press
  • Paperback (Book)
  • 220
  • 1
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