Item #395226 A study in the theory of inflation. Bent Hansen.

A study in the theory of inflation

1951, 1st edition. Abingdon, Oxon : Routledge. Very good copy in the original title-blocked cloth. Spine bands and panel edges somewhat dust-toned and rubbed as with age. Spine uniformly sun-toned. Remains quite well-preserved overall. Item #395226

Series: Library of Economics. Physical description: 277 p., 22 cm. Notes: First published in 1951 by George Allen & Unwin Ltd. Includes bibliographical footnotes and Index. Translated from the Danish. Contents: Cover ; Half Title ; Title Page ; Copyright Page ; Original Title Page ; Original Copyright Page ; PREFACE ; Table of Contents; I. GENERAL SURVEY OF THE CHARACTERISTICS OF INFLATION ; 1. Two main treatments of the theory of inflation ; 2. The concept of excess demand ; 3. Open and repressed inflation 4. The pressure of inflation ; 5. Changes in the pressure of inflation ; 6. The problem of aggregation ; 7. Induced and spontaneous changes of prices ; 8. The relation between this analysis and earlier theories of inflation; 9. The concepts of "demand" and "supply" ; II. A "SWEDISH" APPROACH TO SOME FUNDAMENTAL RELATIONSHIPS 1. Introductory remarks on investment and saving ; 2. The disequilibrium method ; 3. Lindahl's assumptions ; 4. General assumptions for the analysis which follows ; 5. Notation ; 6. Simplified model of a closed economy ; 7. Model of an economy with public finances but without foreign trade 8. Model of an economy without public finances but with foreign trade ; III. ANALYSIS OF THE INFLATIONARY GAP ; 1. Brief historical survey ; 2. Definitions of the inflationary gaps ; 3. The "excess of purchasing-power" of the Swedish Konjunk-turinstitut 4. Ex ante gaps and inflationary gaps compared ; 5. Algebraic presentation ; 6. The year as the period for calculation ; IV. A SIMPLIFIED MODEL OF REPRESSED INFLATION ; A. Perfect Competition in the Commodity-Markets ; 1. General assumptions for the models of repressed inflation. Subjects: Inflation (Finance); Mathematical models; Money; Monetarism Economics; Monetary theory.

Price: €25.00

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