Politiche di intervento nel sistema dei prezzi CaffÃ¨ e il problema dellâ€™inflazione
The paper focuses on Federico CaffÃ¨â€™s outlook towards the problem of inflation. His attention for the claims of full employment didnâ€™t prevent him from considering rigorously the negative impact of inflation on the economic system. His analysis stresses the incidence of Â«administrated pricesÂ» and the distributive conflict arising from labour market on the process leading to the growth of prices in contemporary society. The policies he suggested try to overcome the trade off between inflation and unemployment arose in twentieth century economies. Among the microeconomic policies, a public regulation of private prices is required as a constraint of the inflationary movement of prices of monopolistic and oligopolistic industries. His criticism on incomes policies practiced by European and American governments is connected with the distribution inequities they contributed to set up; a fair acknowledgment of the political determinants of wages negotiation constitutes a fundamental premise for an incomes policy able to get a satisfactory stability of prices level.
|Date of creation:||Apr 2011|
|Contact details of provider:|| Postal: Via Del Castro Laurenziano 9, 00161 Roma|
Phone: +39 6 49766353
Fax: +39 6 4462040
Web page: http://www.dipecodir.it/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:sap:wpaper:wp142. 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: (Luisa Giuriato)
If references are entirely missing, you can add them using this form.