Time, inflaltion and growth
Patnaik, Prabhat.
Time, inflaltion and growth - New Delhi Orient Longman 1988 - 54 p.
The behaviour of output, prices and other macroeconomic variables over time has generated a voluminous literature. Different schools, notably the Keynesian and the Monetarist, adopt different approaches in investigating this behaviour. The author, in these lectures, points out certain inadequacies inherent in each of these approaches, especially in the context of a developing economy and suggests an alternative framework which is sui generis in nature and which throws light on the coexistence of limited public investment along with deficient aggregate demand in India.
861318781
Inflation
339.52 PAT
Time, inflaltion and growth - New Delhi Orient Longman 1988 - 54 p.
The behaviour of output, prices and other macroeconomic variables over time has generated a voluminous literature. Different schools, notably the Keynesian and the Monetarist, adopt different approaches in investigating this behaviour. The author, in these lectures, points out certain inadequacies inherent in each of these approaches, especially in the context of a developing economy and suggests an alternative framework which is sui generis in nature and which throws light on the coexistence of limited public investment along with deficient aggregate demand in India.
861318781
Inflation
339.52 PAT