ANTI‐INFLATION INCENTIVES
作者:
Abba Lerner,
David Colander,
期刊:
Kyklos
(WILEY Available online 1982)
卷期:
Volume 35,
issue 1
页码: 39-52
ISSN:0023-5962
年代: 1982
DOI:10.1111/j.1467-6435.1982.tb01214.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
SUMMARYInflation occurs because individuals have an incentive to raise prices. The key issue of anti‐inflation policy is to choose the appropriate incentive to stop inflation. Monetary policy works through the hunger incentive and it is no longer effective because society no longer allows the hunger incentive to work. This paper argues that the appropriate incentives to stop inflation are market incentives. These market incentives can be built into society through the introduction of an incentive anti‐inflation plan such as the authors’ MAP proposal or its TIP counter
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