From Welltop to Laptop?
by Shimshon Bichler and Jonathan Nitzan
ABSTRACT:
Over the past decade, soaring commodity prices have had a relatively
minor impact on the overall level of prices, at least by historical
standards. Whereas oil is twelve times more expensive now that it was in
1999, consumer prices in industrialized countries are only 20 per cent
higher. This short note explains why the sluggish response of inflation
may be about to change.
FULL TEXT:
http://bnarchives.yorku.ca/251/
--
Jonathan Nitzan
Political Science
York University
4700 Keele St.
Toronto, Ontario, M3J-1P3
Canada
Voice: (416) 736-2100, ext. 88822
Fax: (416) 736-5686
email: nitzan at yorku.ca
website: http://bnarchives.net
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