Inflation, Output and Perfectly Enforceable Price Controls in Orthodox and Heterodox Stabilization Programmes

Mavrotas, George and Reyna-Cerecero, Mario (2003). Inflation, Output and Perfectly Enforceable Price Controls in Orthodox and Heterodox Stabilization Programmes. UNU-WIDER.

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  • Sub-type Discussion paper
    Author Mavrotas, George
    Reyna-Cerecero, Mario
    Title Inflation, Output and Perfectly Enforceable Price Controls in Orthodox and Heterodox Stabilization Programmes
    Volume/Issue No. 2003/44
    Publication Date 2003
    Place of Publication Helsinki
    Publisher UNU-WIDER
    Pages 26
    Language eng
    Abstract

    The paper deals with the success of price controls in stabilizing high inflation rates and their effects on the real economy under an imperfect competition setting derived by optimal maximization. Our model builds on Helpman work of price controls and imp

    Keyword Competition
    Imperfect
    Inflation (finance)
    Prices
    Copyright Holder Author(s)
    Copyright Year 2003
    Copyright type All rights reserved
    ISSN 16095774
    ISBN 9789291904716
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    Created: Fri, 12 Feb 2016, 13:23:06 JST