Monotonic Movement of Price Vectors
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Abstract
It is well-known that long-period relative prices in a Sraffa-like analysis can change in an apparently complicated way as the uniform rate of profit (interest) changes. It is shown here how a certain simplicity of movement (monotonicity) can be detected.
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How to Cite
Bidiard, C., & Steedman, I. (1996). Monotonic Movement of Price Vectors. Economic Issues, 1(2), 41–44. Retrieved from https://economicissues.org.uk/index.php/EI_OJS/article/view/19
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