What happened to UK inflation in the 1970s? This column presents new research interpreting the period as an example of the “fiscal theory of the price level”. As predicted by the theory, inflation followed a random walk.
Most Read
-
Danielsson
-
Funke, Schularick, Trebesch
-
Diao, Ellis, McMillan, Rodrik
-
Behrens, Kichko, Thisse
-
Pradelski, Oliu-Barton
-
Eichengreen, O'Rourke
-
Burgess, Sievertsen
-
Mitze, Kosfeld, Rode, Wälde
-
Heldring, Robinson
-
Eichengreen
Blogs&Reviews
-
Bouwens
-
Gaspar, Larraín Bascuñán
-
Evenett
-
Arezki, Rota-Graziosi
-
Gual
Vox eBooks
Don't Miss
Arezki, Djankov, Panizza
Bartsch, Bénassy-Quéré, Corsetti, Debrun
Scheuer
Events
-
10 - 10 March 2021 / Online /
-
11 - 11 March 2021 / Online /
-
12 - 12 March 2021 / Online /
-
15 March - 31 May 2021 / Online /
-
16 - 16 March 2021 / Online /
CEPR Policy Research
-
Gobillon, Solignac
-
Giglio, Maggiori, Stroebel, Weber
-
Summers, Fatás
-
Favero, Galasso
-
Butt, Churm, McMahon, Morotz, Schanz
-
Eichengreen, Avgouleas, Poiares Maduro, Panizza, Portes, Weder di Mauro, Wyplosz, Zettelmeyer
-
Baldwin, Beck, Bénassy-Quéré, Blanchard, Corsetti, De Grauwe, den Haan, Giavazzi, Gros, Kalemli-Ozcan, Micossi, Papaioannou, Pesenti, Pissarides , Tabellini, Weder di Mauro
-
Baldwin, Nakatomi
-
Thimann
-
Goodhart, Perotti