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Cost of Price Stabilization Policies in a Strongly Inflationary Economy

Marcelo Selowsky

The Quarterly Journal of Economics · 1973 · Volume 87 · Issue 1

DOI: 10.2307/1885223

Abstract

I. A short-run model of inflation and output, 45. — II. Empirical evaluation, 53. — III. Discussion of the results, 54. — Appendix: Some of the implicit assumptions of the model, 58.

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