A Re-evaluation of the Theory of Repressed Inflation in the Light of the Experience of Some Socialist Countries

  • Béla Csikós-Nagy
Part of the International Economic Association Series book series (IEA)


The economies of socialist societies are characterised by the stability of their retail prices. This is reflected in the published retail price indices, as can be seen in the following table:


Price Level Price Increase Socialist Economy Retail Price Excess Demand 


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Copyright information

© International Economic Association 1977

Authors and Affiliations

  • Béla Csikós-Nagy
    • 1
  1. 1.Hungarian Economic AssociationBudapestHungary

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