inflationary process

"It is these expectations that make an inflationary process, once begun, difficult and expensive to reverse," he said.

Moreover, it is violated in any cosmological inflationary process.

This price/wage spiral interacts with inflationary expectations to produce long-lived inflationary process.

Focus on Curbing Inflation "We must introduce a wage-and-price policy that will stop the inflationary process," he said.

(It is part of the conflict theory of inflation, referring to the objective side of the inflationary process.)

The combination of industrial protectionism, redistribution of income from the agrarian to the industrial sector, and growing state intervention in the economy sparked an inflationary process.

Liftup caves, a phrase coined by Lawrence Chitwood, a geologist of Bend, Oregon, are related to pressure ridges and the inflationary process.

So, although the Bolsheviks did not start the inflationary process, they were unable to stop it either, despite their wish to do so in the first few months of Soviet rule.

Maybe I should have negotiated this exemption: "The party of the first part shall not be penalized for any inflationary processes not evident to him at the time of closing."

After getting independence, Uzbekistan has faced a few difficulties about the realization of macroeconomic reforms to overcome inflationary processes and a decline in manufacturing to create adequate conditions for the financial system.

This pernicious combination of rising inflation and rising unemployment, usually referred to as 'stagflation', not only led economists to abandon the simple Phillips curve as a tool for modelling an inflationary process.

It is early days yet, but, in my view, these models may form a more useful basis for analyzing actual inflationary processes in particular economies than the 'purer' neo-Walarasian models favoured by modern monetarists.

However, these can be considered as different aspects of an overall inflationary process: demand-pull inflation explains how price inflation starts, and cost-push inflation demonstrates why inflation once begun is so difficult to stop.

We referred above to the term as the systematic component of an accelerationist inflationary process: from an educated prediction of the magnitude of we should be able to make a reasonably good stab at inferring the value of.

The aggregate demand component of an inflationary process,, no longer exerts an independent influence on the rate of inflation which is, in principle, separable from that of the expectations component,, as it had been in the Friedman (1968) version.

In Figure 6.8, the discrepancy between NAIRU and U F measures the extent to which exogenous cost-push factors influence an inflationary process at levels of activity which are well below what may be reasonably considered to correspond to full employment.

Phillips's omission of a price expectations term from his original study may have been warranted in practice owing to the low rates of inflation which were experienced from the Great War onwards; but when it comes to analyzing inflationary processes in general it is invalid.

Natural gas remained at the same price during the inflationary process caused by the devaluation of the Argentine peso, while the prices of gasoline and diesel were adjusted upwards, which increased the demand for gas as a cheap alternative fuel and at the same time discouraged its production.