The Irrelevance of Aggregative Policies against Inflation under Conditions of Resource Misallocation

Löwenthal, Paul

doi:10.3790/schm.105.2-3.155

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Löwenthal, P. The Irrelevance of Aggregative Policies against Inflation under Conditions of Resource Misallocation. Journal of Contextual Economics – Schmollers Jahrbuch, 105(2–3), 155-167. https://doi.org/10.3790/schm.105.2-3.155

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The Irrelevance of Aggregative Policies against Inflation under Conditions of Resource Misallocation

Löwenthal, Paul

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 105(1985), Iss. 2–3 : pp. 155–167 | First published online: February 20, 2023

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Publisher Name: Duncker & Humblot
DOI: https://doi.org/10.3790/schm.105.2-3.155
Language: German
Pages: 13
License: open-access https://creativecommons.org/licenses/by/4.0

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Löwenthal, Paul

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Section Title	Page	Action	Price
Paul Lowenthal: The Irrelevance of Aggregative\rPolicies against Inflation under Conditions\rof Resource Misallocation	155
1. The Issue	155
2. Disinflation or Deflation?	157
3. Inflation and Aggregative Economics	160
4. The Short-Term vs. Long-Term Arbitrage	164
5. Final Comments	166
Summary	167
Zusammenfassung	167
Reference	167

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The Irrelevance of Aggregative Policies against Inflation under Conditions of Resource Misallocation

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