THE POLITICAL ECONOMY OF COST INFLATION
区分了三种成本通胀类型：外部成本冲击、市场与政治领域的收入竞争、以及维持购买力的努力，并探讨了应对成本通胀的政策方法。
This paper is intended to highlight the role of cost increases in the inflation process. In the course of the analysis a distinction is made between three different types of cost inflation: (i) exogenous cost impulses; (ii) competing income claims, both by way of bargaining in markets and by competition in the political arena; and (iii) attempts to preserve the purchasing power of income. Each category is discussed in some detail. The paper also discusses alternative methods of fighting cost inflation, including some issues pertaining to cost-accommodating demand management and incomes policy.