Definition of Inflation

Definition: Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole.

Terms related to Inflation:

• Deflation
• NAIRU
• GDP deflator

About.Com Resources on Inflation:

• What is Inflation?
• Cost-Push Inflation vs. Demand-Pull Inflation
• Purchasing Power Parity: Link Between Exchange Rates and Inflation

Writing a Term Paper? Here are a few starting points for research on Inflation:

Books on Inflation:

• The Great Inflation and Its Aftermath
• Inflation Targeting: Lessons from the International Experience Monetary Policy, Inflation, and the Business Cycle

Journal Articles on Inflation:

• Inflation persistence
• Some International Evidence on Output-Inflation Tradeoffs
  
• Inflation dynamics: A structural econometric analysis