Items related to Inflation, Income Distribution and X-Efficiency Theory

Inflation, Income Distribution and X-Efficiency Theory - Hardcover

Leibenstein, Harvey

 
9780064941693: Inflation, Income Distribution and X-Efficiency Theory

Synopsis

The author uses X-efficiency theory to reject the theory of equality of bargaining power and argues that inflation is caused as much by individual firms' behavior and pricing policies as by those macroeconomic factors traditionally viewed as the cause.

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