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1
Soft Order in Physical Systems - 218페이지
Linking Systematic Income Redistribution To Shift In Demand The spiraling process of stagflation, in our model, is brought about by a demand-shift inflation between two well defined markets (L, B) linked to a systematic income redistribution by ...
R. Bruinsma, Y. Rabin,
2012
2
Macroeconomics for Today - 276페이지
The dramatic increase in the price of imported oil in 1973— 1974 was a villain explained by a cost-push inflation scenario. Cost—push ... Exhibit 12(a) uses actual data to show how a leftward shift in the supply curve can cause stagflation.
3
Macroeconomics: A Contemporary Introduction - 154페이지
Although Zimbabwe ended its inflation nightmare, hyperinflation is usually flaring up somewhere in the world, as yet ... in September 2008. demand-pull inflation A sustained rise in the price level caused by a rightward shift of the aggregate ...
William A. McEachern,
2011
4
Economics: A Contemporary Introduction - 474페이지
Although Zimbabwe ended its inflation nightmare, hyperinflation is usually flaring up somewhere in the world, as yet ... in September 2008. demand-pull inflation A sustained rise in the price level caused by a rightward shift of the aggregate ...
William A. McEachern,
2011
5
Principles of Macroeconomics - 493페이지
Panel (b) shows the short- run trade-off between inflation and unemployment. The adverse shift in aggregate supply An Adverse Shock to Aggregate Supply moves the economy from a point with lower unemployment and lower inflation (point ...
6
Survey of Economics - 310페이지
We now apply the aggregate demand and aggregate supply model to the two types of inflation introduced in Chapter 13 on inflation. ... Exhibit 14-12(a) uses actual data to show how a leftward shift in the supply curve can cause stagflation.
7
Theories of Inflation - 245페이지
129) improved the analysis of cost-push and demand-pull inflation by further differentiating these two types of inflation. Demand-pull inflation ... the inflation in costs. In either case, the aggregate demand function will shift in response to policy.
8
Trade and Tax Policy, Inflation and Exchange Rates: A ... - 157페이지
Firstly, they tend to raise the demand for output (rightward shift of the output demand curve) through the international relative price mechanism (see o:5 in (A.25)). Secondly, the price shock directly increases current consumer prices in ...
Assaf Razin, Hans-Jürgen Vosgerau,
2012
9
Economics for Today - 549페이지
Exhibit 12 Cost-Push and Demand-Pull Inflation Parts (a) and (b) illustrate the distinction between cost-push inflation and ... In part (a), higher oil prices in 1973 caused the aggregate supply curve to shift leftward from AS73 to AS74. As a result ...
10
Inflation, growth, and employment: a series of research ... - 38페이지
The role of demand-shift in the first postwar inflation is somewhat ambiguous. The change from wartime to peacetime conditions, together with the removal of controls, obviously resulted in large differentials in the growth of output. Thus the ...
Joseph W. Conard, Commission on Money and Credit,
1964