Advanced Search
MyIDEAS: Login to save this paper or follow this series

Power, Profits and Inflation: A Study of Inflation and Influence in Pakistan

Contents:

Author Info

  • Syed Ozair Ali

    ()

Registered author(s):

    Abstract

    The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumulation rejects the conventional definitions of capital and draws upon Veblenian economics to integrate the definitions of power and capital by describing the ownership of capital as differential power claims over social processes. In order to maximize capital accumulation, businessmen allocate resources, in response to the socio-political environment, to beat a certain benchmark rate of return in their pursuit of maximizing capital accumulation. [SBP No. 43]. URL:[http://www.sbp.org.pk/publications/wpapers/2011/wp43.pdf].

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=A201215171959_20.pdf&fcategory=Articles&AId=4693&fref=repec
    Our checks indicate that this address may not be valid because: 403 Forbidden. If this is indeed the case, please notify (Padma Prakash)
    Download Restriction: no

    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:4693.

    as in new window
    Length:
    Date of creation: Jan 2012
    Date of revision:
    Handle: RePEc:ess:wpaper:id:4693

    Note: Institutional Papers
    Contact details of provider:
    Web page: http://www.esocialsciences.org

    Related research

    Keywords: Power; Profits; Inflation; pakistan; political economic; capital accumulation; businessmen allocate resources; environment; rate of return; utility; consumer; growth; fuel prices; food;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. BLOISE, Gaetano & MAGRIS, Francesco, 2000. "Sunspot equilibria in a monetary economy with capital accumulation," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2000040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Shlomo Benartzi & Richard H. Thaler, 1993. "Myopic Loss Aversion and the Equity Premium Puzzle," NBER Working Papers, National Bureau of Economic Research, Inc 4369, National Bureau of Economic Research, Inc.
    3. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, Elsevier, vol. 15(2), pages 145-161, March.
    4. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, Econometric Society, vol. 47(2), pages 263-91, March.
    5. Khan, Safdar Ullah & Saqib, Omar Farooq, 2011. "Political instability and inflation in Pakistan," Journal of Asian Economics, Elsevier, Elsevier, vol. 22(6), pages 540-549.
    6. International Monetary Fund, 2005. "Three Attempts At Inflation Forecasting in Pakistan," IMF Working Papers, International Monetary Fund 05/105, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:4693. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.