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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Bibliographic Details
Corporate Author: International Monetary Fund. Research Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1982.
Series:IMF Staff Papers; IMF Staff Papers ; No. 1982/002
Online Access:Full text available on IMF