Defensive Expectations. Reinventing the Phillips Curve as a Policy Mix, 1st ed. 2021, Hardback/Liviu Voinea

This book explains why inflation remains subdued after recessions, based on three revolutionary concepts: defensive expectations, compensatory savings, and cumulative wage gap. Publisher: Springer Nature Switzerland AG Author(s): Liviu Voinea Illustration(s): 21 Illustrations, black and white; XXVII, 196 p. 21 illus. Number of pages: 196 Publication date: 2020 Dimensions: 155 x 218 x 19 Cover type: Hardback