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Inflationary effects of high nominal interest rates.
- Source :
- Journal of Post Keynesian Economics; Summer98, Vol. 20 Issue 4, p583, 14p
- Publication Year :
- 1998
-
Abstract
- Examines the inflationary effects of high nominal interest rates. Slowing down of inflation; Depression of stocks of commodities throughout the economy; Analysis of real interest rates; Evaluation of the process used for cost-price adjustments when all working capital is financed by credit; Possibility for high nominal interest rates to generate steady inflation.
- Subjects :
- INTEREST rates
PRICE inflation
Subjects
Details
- Language :
- English
- ISSN :
- 01603477
- Volume :
- 20
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Journal of Post Keynesian Economics
- Publication Type :
- Academic Journal
- Accession number :
- 837286
- Full Text :
- https://doi.org/10.1080/01603477.1998.11490169