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Inflation and real disequilibria

By Mark S Astley and Tony Yates


The views expressed in this paper are not necessarily those of the Bank of England, nor of the MPC, but those of the authors alone. We would like to thank Hasan Bakhshi for his insightful thinking on this work. We would also like to thank Paul Fisher, Neal Hatch, Nigel Jenkinson and participants at a Johannesburg Economic Society seminar hosted by RAU in July 1998. Issued by the Bank of England, London EC2R 8AH to which requests for individual copies should be addressed: envelopes should be marked for the attention of the Publications Group

Year: 1999
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