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The neoclassical analysis of inflation: a critical appraisal

In: Money and Inflation

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Abstract

It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore presented in its place.

Suggested Citation

  • ., 2001. "The neoclassical analysis of inflation: a critical appraisal," Chapters, in: Money and Inflation, chapter 3, pages 63-88, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:2571_3
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    Keywords

    Economics and Finance;

    Statistics

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