{"product_id":"dynamics-of-inflation-an-analysis-of-the-relations-between-inflation-public-sector-financial-fragility-expectations-and-profit-margins-hardcover","title":"Dynamics of Inflation: An Analysis of the Relations between Inflation, Public-sector Financial Fragility, Expectations, and Profit Margins - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eAntonio Kandir\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOriginally published in Latin America where it was enthusiastically received, \u003cem\u003eThe Dynamics of Inflation\u003c\/em\u003e presents the first detailed, theoretical schema for the study of accelerating inflation in chronically inflated economies with complex productive structures. Antonio Kandir demonstrates that because of adjustment, these economies tend to move toward a situation where inflation begins to acquire an endogenous acceleration component that raises serious problems for all kinds of stabilization policies.\u003c\/p\u003e\u003cp\u003eKandir begins by establishing criteria for classifying theories of inflation and defines the theoretical perspective on which this book is based. He argues that integration between the macroeconomic and microeconomic levels is needed to understand the dynamics of prices under conditions of high instability. He develops an overall framework to study the short-run dynamics of desired markups and demonstrates that expectations about the future prices of public-fiscal goods and exchange goods assume importance in determining desired markups. Kandir concludes that these attempts at adjustment lead to pressures for changes in relative prices between sectors with different patterns of use of these goods; and that in turn leads to an accelerating inflation that is sustained for as long as the adjustment is considered complete.\u003c\/p\u003e\u003cp\u003eWith the aid of sophisticated models, Kandir shows the limits and problems of the stabilization policies that have been implemented to reduce inflation or contain its acceleration when there is an endogenous component of acceleration.\u003c\/p\u003e\u003cp\u003eThis book, which analyzes the nature and development of democracy in Uruguay, will appeal to a variety of scholars, especially Latin Americanists and scholars working on parties, elections, and democracy.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAntonio Kandir is a university professor, economist, and politician in Brazil. Currently he serves as the Chief Executive Officer of Governança \u0026amp; Gestão Investimentos Ltda. He proposed an amendment to ICMS, a tax on the ciruclation of goods and services, which passed in 1997, and is now known as the Kandir Law.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 176\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.79 x 9.3 x 6.29 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 01, 1991\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":43321510461575,"sku":"9780268008673","price":81.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/3YsdC0TXIS9780268008673.webp?v=1760529009","url":"https:\/\/booksby.splitshops.com\/products\/dynamics-of-inflation-an-analysis-of-the-relations-between-inflation-public-sector-financial-fragility-expectations-and-profit-margins-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}