Inflazione da Oil-push: un esame più ampio. (Oil-push inflation: a broader examination)

Abstract

L'opera amplia il concetto di oil-push.  Vengono introdotti gli effetti delle variazioni dei tassi di cambio delle valute e le variazioni dei prezzi alimentari e dei costi all'interno delle nazioni differenti . Il meccanismo con cui salariati tassi nominali aumento e le implicazioni di questo meccanismo per il processo inflazionistico sono quindi presi in considerazione.

The work broadens the concept of oil-push inflation by introducing the possibility of inflation-impeti deriving from other primary product sectors. The author argues that strict monetary analysis is less appropriate to analysis of a situation in which real variables assume new magnitudes than to a situation in which monetary aggregates change without any spontaneous changes in real variables. The effects of changes in exchange rates of currencies and changes in food prices and costs within different nations are introduced. The mechanism by which nominal wage-rates increase and the implications of this mechanism for the inflationary process are then considered.

JEL: E31