Distributional Conflict and Inflation: Theoretical and Historical Perspectives

Front Matter....Pages i-viii
Introduction....Pages 1-9
Front Matter....Pages 11-11
Conflict Inflation as an Analytical Approach....Pages 13-36
Non-Activist Monetary Policy from a Conflict Perspective....Pages 37-56
Conflicting Claims and Monetary Policy Rules: A Theoretical View....Pages 57-76
Front Matter....Pages 77-77
Money, Credit and the Wage-Price Spiral in Post-World War I Germany....Pages 79-104
Real Wages and the Role of Distributional Conflict in the German Hyperinflation and Stabilization....Pages 105-127
Government Budgetary and Private-Sector Pressures on US Monetary Policy: Some Preliminary Evidence....Pages 128-140
Conflicting Claims and Inflation in the Post-World War II US Economy....Pages 141-161
Front Matter....Pages 163-163
Open Economy Aspects of the Currency Depreciation in Germany After World War I: Conflicting Claims and Vicious Circles....Pages 165-174
Conflict Inflation and Currency Depreciation in Latin America....Pages 175-201
Monetary Accommodation, Conflicting Claims, and the European Monetary System....Pages 202-224
Some Concluding Policy Perspectives....Pages 225-230
Back Matter....Pages 231-300