Inflation and interest

Authors

  • J. HICKS

DOI:

https://doi.org/10.13133/2037-3643/11563

Keywords:

Inflation, world inflation, Wicksell, trends, interest

Abstract

The paper deals with inflation in several countries at the same time, starting from the analysis contained in a previous essay on “world inflation”. The author revises his opinion on the relative weight of special causes vis-á-vis general trends. The main conclusion is that there is a “world inflation” not reducible to the behaviour of any one country. Moreover, there is sufficient uniformity among countries to be able to describe such phenomenon with a particular model, based on Wicksell’s “Interest and Prices”.

 

JEL: E31, E43, E37, E47

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Published

2014-01-20

How to Cite

HICKS, J. (2014). Inflation and interest. PSL Quarterly Review, 23(94). https://doi.org/10.13133/2037-3643/11563

Issue

Vol. 23 No. 94 (1970)

Section

Editorial

License

 
 
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