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Titlebook: Inflation; Proceedings of a Con Douglas C. Hague Conference proceedings 1962 International Economic Association 1962 economics.flat.Inflati

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The Relative Responsibilities of Governments and Central Banks in Controlling Aggregate Demandknow whether or not the wording implies that these two authorities are supposed to be able between them to control the inflationary process. If so, there would be nothing left to do but to assign to each its proper share of this responsibility. If not, the question arises who else has a part in it a
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Labour Union Power and Cost-Inflationpect to the . of power, but, much more important, with respect to its nature and to the context in which it operates. The conditions envisaged in this paper are mainly those of the economy of the U.S.A. However, I believe (and hope) that the arguments presented will have general validity wherever si
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Wages and Inflationysed, and I do not think it contains any important controversial point. Rather than repeat what is well known and uncontroversial I intend to discuss some practical questions concerning wages and the control of the monetary system. Before doing this, however, I shall, by way of summary, state the as
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The Control of Inflation by Monetary and Credit Policyre than one’s income, and, unless one is prepared to reduce one’s cash holdings, this means obtaining monetary resources (either actual cash or bank credit) in ways other than by selling goods or services. In general, these extra resources are obtained through bank loans.
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