Saggio di interesse e livello dei prezzi: i paradossi della disinflazione

Article OPEN
Ginzburg Andrea; Simonazzi Annamaria; (1997)
  • Journal: Rivista italiana degli economisti,issue 1,pages23-68
  • Related identifiers: doi: 10.1427/3610

The paper deals with the long run positive relationship between the long term rate of interest and the level of wholesale prices, a relationship dubbed by Keynes the "Gibson Paradox". This correlation, before Keynes, puzzled other important economists such as Wicksell a... View more
Share - Bookmark