Why inflation is not relative price-neutral for primary products

Studies of inflation tend to neglect relative prices although it has long been known (and recently confirmed) that relative price changes are more pronounced in periods of severe inflation. This paper advances the hypothesis that for the developing countries' primary products the distinction be...

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Veröffentlicht in:World development 1977-08, Vol.5 (8), p.707-713
1. Verfasser: Spraos, John
Format: Artikel
Sprache:eng
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