George D. Lundberg
The conference that is recorded in this volume derived its initial impetus and choice of subject from the Jubilee of the Swedish Riksbank which was being celebrated in 1975. AJ part of that celebration, the International Economic Association was invited to organise a conference on the very topical subject of inflation-a subject of great concern to the banking community in all countries-and the Riksbankens Jubileumsfund bore the largest share of its expenses. We are greatly indebted to Mr Kristen Rickman, Governor of the Sviriges Riksbank, for his interest and support in all the work of the con-ference.
Acknowledgements -- List of Participants -- Introduction / Erik Lundberg -- PART ONE: PROBLEMS OF INFLATION AND ITS ANALYSIS -- 1 Inflation: a Review of the Issues / Michael Parkin and Alexander K. Swoboda -- Discussion -- 2 Recent Developments in the Theory of Inflation and Unemploy-ment / Robert J. Gordon -- 3 Causes and Origins of the Current Worldwide Inflation / Hans Genberg and Alexander K. Swobodll -- Discussion -- 4 The Role of Money in the Inflation Analysis / Helmut Frisch -- Discussion -- 5 Some Problems of Current Price Movements / Revold Entov -- Discussion -- PART TWO: INTERNATIONAL ASPECTS OF INFLATION -- 6 Intenational Aspects of Inflation / J. Marcus Fleming -- Discussion -- 7 Policy Autonomy of Small Countries / Hans Genberg -- 8 Inflation and the Exchange Rate Regime / W. M. Corden 209 -- Discussion -- 9 World Inflation under Flexible Exchange Rates / Emil-Maria -- Claassen -- Discussion -- PART THREE: THE EFFECI'S OF INFLATION -- 10 Inflation and Income Distribution / James S. Duesenbeny -- Discussion -- 11 The Welfare Implications of Uneven Inflation / Dwight M. Jaffee and Ephraim Kleiman -- Discussion -- 12 The Welfare Costs of Inflation in Neoclassical Theory David LAidler -- Discussion -- 13 Effects of Inflation on Public Revenue and Expenditure / Fritz Neumark -- 14 The Growth of the Public Sector and Inflation Pressure / Adolf Nussbaumer -- Discussion -- PART FOUR: POLICIES FOR INFLATION -- 15 Indexation in Israel / Reuven Brenner and Don Patinkin -- Discussion -- 16 A Revaluation of the Theory of Repressed Inflation in the light of the Experience of Some Socialist Countries / Bela Csiklxt-Nagy -- Discussion -- 17 Why have General Anti-inflation Policies not Succeeded? / P.M. Oppenheimer -- Discussion -- 18 Incomes Policies / Pieter de Wolff -- Discussion -- 19 Aspects of the Theory of Indexed Bonds / David Levhari and Nissan Liviatan -- 20 On the Non-existence of Privately Issued Bonds in the United States Capital Market / Stanley Fischer -- Discussion -- 21 A Summing Up Douglas Hague -- Index.
This book is an outcome of the conference on 'Inflation and Anti-Inflationary Policy' held in Sweden in 1975. It discusses four main topics: the analysis of inflation; the effects of inflation; the international aspects of inflation and economic policy towards inflation.