Unit 4 Inflation and unemployment

4.13 References

Consult:

• CORE Econ’s Fact checker for a detailed list of sources.
• Chapters 2 and 4 of: Wendy Carlin and David Soskice. 2024. Macroeconomics: Institutions, Instability, and Inequality. Oxford: Oxford University Press, for further study of the material in this unit. PDF or interactive ebook versions of the full book can be accessed online.

• BBC News. 2022. ‘Cost of Living Hitting Pubs Worse Than Covid, North East Firms Say’. Updated 18 Dec 2022.
• Bundesbank Annual Report 1973, p. 1.
• Charalampakis, Evangelos, Bruno Fagandini, Lukas Henkel, and Chiara Osbat. 2022. ‘The Impact of the Recent Rise in Inflation on Low-Income Households’. ECB Economic Bulletin, July.
• Daly, Kevin and Rositsa D. Chankova. 2021. ‘Inflation in the Aftermath of Wars and Pandemics’. CEPR. Updated 15 April 2021.
• FCA. 2017. ‘The Financial Lives Survey’. Updated 8 December 2023.
• Federal Reserve Bank of Minneapolis. Consumer Price Index, 1913.
• Friedman, Milton. 1968. ‘The Role of Monetary Policy’. The American Economic Review 58 (1): pp. 1–17.
• Hahn, Elke. 2023. ‘How Have Unit Profits Contributed to the Recent Strengthening of Euro Area Domestic Price Pressures?’ ECB Economic Bulletin, April.
• Hansen, Niels-Jakob, Frederik Toscani, and Jing Zhou. 2023. ‘Euro Area Inflation after the Pandemic and Energy Shock: Import Prices, Profits and Wages’. IMF WP/23/131.
• Kano, Yasumune. 2022. ‘Inflation May Drive Restructuring of Japan’s Economy’. Chatham House Expert Comment. Updated 25 August 2022.
• Lorenzoni, Guido and Ivan Werning. 2023. ‘Inflation is conflict’. NBER Working Paper 31099.
• Pallotti, Filippo, Gonzalo Paz-Pardo, Jiri Slacalek, Oreste Tristani, and Giovanni Violante. 2023. ‘Who Bears the Costs of Inflation? Euro Area Households and the 2021–2022 Shock’. ECB working paper.
• Phillips, A. W. 1958. ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’. Economica 25 (100): p. 283.
• Rowthorn, Robert E. 1977. ‘Conflict, inflation and money’. Cambridge Journal of Economics (1), 215–239.
• Rowthorn, Robert, E. 2023 ‘The Conflict Theory of Inflation’ (forthcoming in Review of Political Economy).
• Schnabel, Isabel. 2023. ‘The Risks of Stubborn Inflation’. Central Bank Speech 19 June.
• Shiller, Robert J. 1997. ‘Why Do People Dislike Inflation?’ in C. D. Romer and D. H. Romer (eds). Reducing Inflation: Motivation and Strategy. University of Chicago Press: pp. 13–70.
• Stantcheva, Stefanie. 2024. ‘Why do we dislike inflation?’ Brooking Papers on Economic Activity BPEA Conference Draft, March 28–29, p. 1.
• The Economist. Updated 27 April 2013. ‘In Dollars They Trust’.
• U.S. Bureau of Economic Analysis. 2023. ‘Personal Consumption Expenditure Price Index’. Updated 20 November 2023.
• U.S. Bureau of Labor Statistics. 2020. ‘Frequently Asked Questions About Hedonic Quality Adjustment in the CPI’. Updated 30 September 2020.
• Walton, David. 2006. ‘Has Oil Lost the Capacity to Shock?’. Oxonomics 1 (1): pp. 9–12.
• Weber, Isabella M. 2023. ‘Sellers’ Inflation, Profits and Conflict: Why Can Large Firms Hike Prices in an Emergency?’ Review of Keynesian Economics 11 (2): pp. 183–213.
• Wikipedia Contributors. 2019. Hedonism. Wikipedia.