International Comparisons of Money Velocity and Wage Markups

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International Comparisons of Money Velocity and Wage Markups image
ISBN-10:

0678004374

ISBN-13:

9780678004371

Author(s): Hotson, John H.
Released: Jan 01, 1968
Format: Hardcover

Description:

Focusing on the international issue of inflation, this study compares Weintraub's "wage cost mark-up" theory of the price level with Fisher's "equation of exchange," submitting each to empircal tests with data from eighteen countries.

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