IMF Staff papers : Volume 29 No. 2.
This paper deals with the role of inflationary expectations from a theoretical and empirical point of view. Assume that an economy is growing at a steady pace and that the price level is not expected to change. For many individuals, the direct substitution of consumption goods for money becomes far...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1982.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1982/002 |
| Online Access: | Full text available on IMF |