skip to content
Imported inflation 1973-74 and the accommodation issue Preview this item
ClosePreview this item
Checking...

Imported inflation 1973-74 and the accommodation issue

Author: Phillip Cagan
Publisher: Cambridge, Mass. : National Bureau of Economic Research, [1978]
Series: Working paper series (National Bureau of Economic Research), working paper no. 258.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"The purpose of the present study is to measure the amount of price increase that the proposals for accommodation required in 1973â€?74. Presumably such an estimate of the amount could be made in time to act on it. Whether accommodation is a desirable policy is not addressed here. Consistently followed, it would result in a higher long-run rate of inflation, because there are not likely to be nearly enough episodes  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Print version:
Cagan, Phillip.
Imported inflation 1973-74 and the accommodation issue.
Cambridge, Mass. : National Bureau of Economic Research, [1978]
(OCoLC)35177846
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Phillip Cagan
OCLC Number: 326932129
Notes: "July 1978."
Description: 1 online resource (25, 17, [3] pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 258.
Responsibility: Phillip Cagan.

Abstract:

"The purpose of the present study is to measure the amount of price increase that the proposals for accommodation required in 1973�74. Presumably such an estimate of the amount could be made in time to act on it. Whether accommodation is a desirable policy is not addressed here. Consistently followed, it would result in a higher long-run rate of inflation, because there are not likely to be nearly enough episodes of deflationary accommodation to offset the inflationary ones. Notwithstanding the appeal in the short run to accept inflationary fait accompli in order to avoid prolonged economic slack, one may have strong reservations about the long-run consequences on expectations of following such a policy"--NBER website.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/326932129> # Imported inflation 1973-74 and the accommodation issue
    a schema:MediaObject, schema:Book, schema:CreativeWork ;
   library:oclcnum "326932129" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/40282444#Place/cambridge_mass> ; # Cambridge, Mass.
   schema:about <http://id.worldcat.org/fast/972453> ; # Inflation (Finance)--Econometric models
   schema:about <http://experiment.worldcat.org/entity/work/data/40282444#Topic/inflation_finance_united_states_econometric_models> ; # Inflation (Finance)--United States--Econometric models
   schema:about <http://id.worldcat.org/fast/1204155> ; # United States.
   schema:bookFormat schema:EBook ;
   schema:creator <http://viaf.org/viaf/60355212> ; # Phillip Cagan
   schema:datePublished "1978" ;
   schema:description ""The purpose of the present study is to measure the amount of price increase that the proposals for accommodation required in 1973â€?74. Presumably such an estimate of the amount could be made in time to act on it. Whether accommodation is a desirable policy is not addressed here. Consistently followed, it would result in a higher long-run rate of inflation, because there are not likely to be nearly enough episodes of deflationary accommodation to offset the inflationary ones. Notwithstanding the appeal in the short run to accept inflationary fait accompli in order to avoid prolonged economic slack, one may have strong reservations about the long-run consequences on expectations of following such a policy"--NBER website."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/40282444> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/40282444#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/40282444#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/35177846> ;
   schema:name "Imported inflation 1973-74 and the accommodation issue"@en ;
   schema:productID "326932129" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/326932129#PublicationEvent/cambridge_mass_national_bureau_of_economic_research_1978> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/40282444#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
   schema:url <http://papers.nber.org/papers/w0258> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/326932129> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/40282444#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
   schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/40282444#Place/cambridge_mass> # Cambridge, Mass.
    a schema:Place ;
   schema:name "Cambridge, Mass." ;
    .

<http://experiment.worldcat.org/entity/work/data/40282444#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/326932129> ; # Imported inflation 1973-74 and the accommodation issue
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/40282444#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/326932129> ; # Imported inflation 1973-74 and the accommodation issue
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/40282444#Topic/inflation_finance_united_states_econometric_models> # Inflation (Finance)--United States--Econometric models
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh85066119> ;
   schema:name "Inflation (Finance)--United States--Econometric models"@en ;
    .

<http://id.worldcat.org/fast/1204155> # United States.
    a schema:Place ;
   schema:name "United States." ;
    .

<http://id.worldcat.org/fast/972453> # Inflation (Finance)--Econometric models
    a schema:Intangible ;
   schema:name "Inflation (Finance)--Econometric models"@en ;
    .

<http://viaf.org/viaf/60355212> # Phillip Cagan
    a schema:Person ;
   schema:familyName "Cagan" ;
   schema:givenName "Phillip" ;
   schema:name "Phillip Cagan" ;
    .

<http://www.worldcat.org/oclc/35177846>
    a schema:CreativeWork ;
   rdfs:label "Imported inflation 1973-74 and the accommodation issue." ;
   schema:description "Print version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/326932129> ; # Imported inflation 1973-74 and the accommodation issue
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.