ABSTRACT

This book, originally published in 1951, is a theoretical study inspired by some central economic problems which have appeared during and after the Second World War in many countries, including Scandinavia. It develops a monetary theory for repressed inflation, gives a number of definitions and concepts and explains the connection between the concepts. The investigation of the problems of repressed inflatin also serve as an introduction to the study of open inflation.

 

chapter 3|23 pages

Analysis of the Inflationary Gap

chapter 4|32 pages

A Simplified Model of Repressed Inflation

chapter 7|30 pages

On Open Inflation: Simple Model

chapter 9|29 pages

Monetary Equilibrium

chapter 10|3 pages

Conclusions