Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

Isabella M. Weber, Evan Wasner
UMass Amherst, 2023
Niveau: expert
Perspectives: Économie institutionnelle, Économie néoclassique, Autre, Économie post-keynésienne
Sujet: Crises, Institutions, gouvernements & politiques, Macroéconomie, Monnaie & dette
Format: Journal Article & Book Chapter
Lien: https://scholarworks.umass.edu/econ_workingpaper/343/
Isabella M. Weber and Evan Wasner challange the dominant view of inflation that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, they argue that inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices.

Comment from our editors:

Isabella M. Weber's view on inflation is highly relevant to understand current economic developments and policy debates.

Go to: Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

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Samuel Decker
Tags: distribution | inflation | interest rates | profits | sellers inflation
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Ce projet est le fruit du travail des membres du réseau international pour le pluralisme en économie, dans la sphère germanophone (Netzwerk Plurale Ökonomik e.V.) et dans la sphère francophone (Rethinking Economics Switzerland / Rethinking Economics Belgium / PEPS-Économie France). Nous sommes fortement attachés à notre indépendance et à notre diversité et vos dons permettent de le rester ! 

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