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- W2316683864 abstract "An Evaluation of Inflationary Pressure in Poland (1960-1975). Since official price statistics appear to be inconsistent with indirect information and other indications, the author seeks to localize the hazy area of probable inflation rates and determine its extent over the years 1960-1975, by the use of a maximal (or virtual) and a minimal projections of the inflation rate for each point in time analyzed. In order to achieve this, he questions the usefulness of applying a quantitative money theory and indicates that the traditional juxtaposition of the money mass with the total volume of national revenue is misleading because it confronts an affixed mass with a fluctuating one. The author thenceforth proposes a different quantitative approach whereby the affixed money mass at a given point in time, is related to the stock of available merchandise at that precise moment. This relationship is presented under two variables: — the first limits the monetary stock to the money in circulation, that is to the money remaining outside savings and bank deposits; this variable is used to calculate the inferior level of inflation; — the second adds short term saving and readily available deposits to the money in circulation; this second variable is used to determine the highest level of inflation. Detailed results of these calculations are presented in Table IV." @default.
- W2316683864 created "2016-06-24" @default.
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- W2316683864 date "1979-01-01" @default.
- W2316683864 modified "2023-09-26" @default.
- W2316683864 title "Evaluation de la pression inflationniste en Pologne dans les années 1960-1975. Essai théorique et statistique" @default.
- W2316683864 doi "https://doi.org/10.3406/receo.1979.2224" @default.
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