This paper describes briefly the main alternatives to the dominant neoclassical theories of inflation, according to … which inflation is always a monetary phenomenon. The model develops a cost-push approach, in which raising costs are mainly … related to external constraints. Distributive conflict inflation is possible, but is not explored, in order to highlight the …

the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …

. Several theories of inflation theory are reviewed, with focus on the agencies causing inflation. A rediscovery of Marxian … inflation theory is proposed. …

. There exists an inflation threshold, below which real wage flexibility is low. We also find that a part of the heterogeneity …

We provide Bayesian estimates of an empirical model of consumer price inflation for Turkey based on the hybrid New … real marginal costs does a better job in explaining consumer price inflation compared to alternative models which … incorporate real unit labor costs. On the other hand, estimations for services inflation point to the importance of real unit …

New concepts have been presented in modelling of inflation dynamics recently, among others the New Keynesian Phillips … be considered as effective in conditions of the Czech Republic; this model does not describe the inflation process … sufficiently and it is not a suitable model for inflation prediction or for the choice of appropriate monetary (anti-inflation …

This paper reviews the various explanations for inflation and the relation between inflation and money aggregates. Two … importantly, theories can be seen as cost-push or demand-pull theories of inflation. Second, the distinction between exogenous and … endogenous money supply is important for a proper taxonomy of inflation theories. This second analytical cut results from the …

I develop a structural model of inflation by combining two different models of price setting behavior: the sticky price … resultant SP/SI Phillips curve models inflation better than either the sticky price or sticky information models. The results …