Table of Contents:
  • The cost of disinflation credibility, and declaration of wages, 1982-1983 / Phillip Cagan and William Fellner
  • Monetary policy and subduing inflation / Phillip Cagan
  • Monetary and fiscal policy in disinflationary process: justified and unjustified misgivings about budget deficits / William Fellner
  • The international monetary system in the world recession / Gottfried Haberler
  • The external effects of U.S. disinflation / Sven W. Arndt
  • Disinflation in the housing market / John C. Weicher
  • Corporate liquidity under stagflation and disinflation / Murray F. Foss
  • Disinflation in the labor market / Marvin Kosters
  • Collective bargaining and industrial relations: the past, the presesnt, and the future / Mark Perlman.