Inflation, GDP growth and population change in the USA

Article OPEN
Ivan Kitov; (2006)
  • Journal: Economics Bulletin,volume 28,issue 16
  • Subject:
    • jel: jel:E3 | jel:O1
    mesheuropmc: skin and connective tissue diseases | sense organs

Inflation in the USA between 1960 and 2004 is studied in the framework of the revealed rigidity of the personal income distribution normalized to the total nominal GDP. Inflation is found to be a mechanism, which prevents changes in the relative incomes induced by econo... View more
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