Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - Inflation, Stagflation, Relative Prices, and Imperfect Information by Alex Cukierman

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.

Buy Inflation, Stagflation, Relative Prices, and Imperfect Information by Alex Cukierman from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780521070843
ISBN-10: 0521070848
Format: Paperback
(228mm x 152mm x 13mm)
Pages: 220
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Aug-2008
Country of Publication: United Kingdom

Other Editions - Inflation, Stagflation, Relative Prices, and Imperfect Information by Alex Cukierman

Book Reviews - Inflation, Stagflation, Relative Prices, and Imperfect Information by Alex Cukierman

» Have you read this book? We'd like to know what you think about it - write a review about Inflation, Stagflation, Relative Prices, and Imperfect Information book by Alex Cukierman and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review