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 …

The paper examines how relative price shocks can affect the price level and then inflation. Using Indian data we find …: (i) price increases exceed price decreases. Aggregate inflation depends on the distribution of relative price changes-inflation … rates increases inflation, and are significant in estimations of New Keynesian aggregate supply, (iii) an average Indian …

not efficient. Inflation is detrimental to unemployment. …

New concepts have been presented in modelling of inflation dynamics recently, among others the new Keynesian Phillips … 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) policy. …