IDEAS home Printed from https://ideas.repec.org/p/ags/ncarar/259588.html
   My bibliography  Save this paper

Inflation And The Poor

Author

Listed:
  • Hollister, R.G.
  • Palmer, J.

Abstract

In a recent paper 1/ we examined the relationship between inflation and unemployment and the effect of these upon the poor. The purpose of that study was to suggest that neither a tax increase or a cutback in government spending in FY 1967 is desirable or necessary unless the 3% unemployment level is approached. The logic involves three steps. We cone hided that : 1. The acceleration of inflation may ·be both small and one-time only. There is neither a prior nor empirical justification for believing that price increases will enter a continuing spiral. 2. That further decreases in unemployment are very important to the poort and 3. That inflation hurts the poor only very little. This paper will discuss certain aspects of point 2 and then expand in detail and supplement the arguments underlying point 3. The discussion will be keyed less to the present condition of the economy than was the previous paper.

Suggested Citation

  • Hollister, R.G. & Palmer, J., 1969. "Inflation And The Poor," Archive 259588, North Carolina State University, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:ncarar:259588
    DOI: 10.22004/ag.econ.259588
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/259588/files/seminar-part1-article4.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.259588?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. J. C. R. Rowley & D. A. Wilton, 1973. "The Empirical Sensitivity of the Phillips Curve," The American Economist, Sage Publications, vol. 17(2), pages 90-112, October.
    2. Charles M. Beach, 1972. "Macroeconomic Fluctuations and the Lorenz Curve," Working Paper 94, Economics Department, Queen's University.

    More about this item

    Keywords

    Labor and Human Capital; Public Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ncarar:259588. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.ag-econ.ncsu.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.