Anti‐inflation Incentives

C-Tier
Journal: Kyklos
Year: 1982
Volume: 35
Issue: 1
Pages: 39-52

Authors (2)

Abba Lerner (not in RePEc) David Colander

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Inflation occurs because individuals have an incentive to raise prices. The key issue of anti‐inflation policy is to choose the appropriate incentive to stop inflation. Monetary policy works through the hunger incentive and it is no longer effective because society no longer allows the hunger incentive to work. This paper argues that the appropriate incentives to stop inflation are market incentives. These market incentives can be built into society through the introduction of an incentive anti‐inflation plan such as the authors’ MAP proposal or its TIP counterparts.

Technical Details

RePEc Handle
repec:bla:kyklos:v:35:y:1982:i:1:p:39-52
Journal Field
General
Author Count
2
Added to Database
2026-01-25