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Income-distribution demand-shift model of inflation

AN INCOME-DISTRIBUTION DEMAND-SHIFT MODEL OF INFLATION... [Pg.203]

The model presented here is a model of demand-shift inflation where the shift in the existing demand structure results from the income distribution caused by inflation itself Inflation is defined as a continuous rise in the price level. We concentrate on the analysis of an ongoing inflation and not on its initial cause. The first jump in the price level might occur because of an exogenous shock to the system, a shock to which inflation is often related, but according to the model the observed continuing inflationary process is endogenous to... [Pg.205]

See also in sourсe #XX -- [ Pg.203 , Pg.204 , Pg.205 , Pg.206 , Pg.207 , Pg.208 , Pg.209 , Pg.210 , Pg.211 , Pg.212 , Pg.213 , Pg.214 , Pg.215 , Pg.216 , Pg.217 , Pg.218 , Pg.219 ]



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Distribution models

Income

Income distribution

Inflated

Inflation

Inflation model

Inflator

Model distributed

Modeling distribution

Modeling of distributions

Shift models

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