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Inflation «surprise», croissance économique et emploi
Journal article

Inflation «surprise», croissance économique et emploi

Arthur D. Butler and Philip Della Valle
Revue internationale du travail, Vol.104(6), pp.533-549
1971

Abstract

inflation economic growth employment price unemployment long term developing countries
Article analysing the effects of 'surprise' inflation on economic growth and employment in developing countries - concludes that if a country has had several years of reasonable price stability and it is currently suffering from a stagnant growth rate with some unemployment then a short and modest dose of purposeful inflation may have long term benefits.
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