Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

Isabella M. Weber, Evan Wasner
UMass Amherst, 2023
Poziom: ekspert
Perspektywy: Ekonomia instytucjonalna, Ekonomia neoklasyczna, Inne, Postkeynesizm
Temat: Kryzys, institutions, macroeconomics, money & debt
Formularz: Journal Article & Book Chapter
Link: https://scholarworks.umass.edu/econ_workingpaper/343/
Isabella M. Weber and Evan Wasner challange the dominant view of inflation that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, they argue that inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices.

Comment from our editors:

Isabella M. Weber's view on inflation is highly relevant to understand current economic developments and policy debates.

Go to: Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

This material has been suggested and edited by:

Samuel Decker
Tags: distribution | inflation | interest rates | profits | sellers inflation
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Ten projekt został stworzony przez Sieć na rzecz Pluralistycznej Ekonomii (Netzwerk Plurale Ökonomik e.V.).  Jest on zaangażowany w różnorodność i niezależność i jest zależny od darowizn od ludzi takich jak Ty. Regularne lub jednorazowe datki będą bardzo mile widziane.

 

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