1st Edition

The Economics of Repressed Inflation

By H.K. Charlesworth Copyright 2003
    128 Pages
    by Routledge

    128 Pages
    by Routledge

    'It provides the best complete discussion I know of the economics of repressed inflation' F.W. Paish.

    The Economics of Repressed Inflation is a micro-economic analysis of the effects of a partially controlled inflation in a peacetime economy. This analysis suggests that the combination of inflationary pressures and the control of consumption has economic effects on the price level and on the distribution of resources which may be as serious for the economy as the more widely recognized effects of an uncontrolled inflation.

    1. Statement of the Problem2. The Economic Nature of Repressed Inflation3. Factor Supply Under Repressed Inflation4. Consumer Reaction to Repressed Inflation5. Factor Allocation Under Repressed Inflation6. The Industry Under Repressed Inflation7. The Black Market Pressure Against Controls8. The Scope of Fiscal Policy9. Considerations and Conclusions10. Postscript: 1950-1954

    Biography

    HAROLD KARR CHARLESWORTH