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This chapter starts our detailed empirical analysis of developments in the UK. France and Germany between the end of post-war reconstruction (1950) and the institution of a restrictive monetary regime (c. 1985). It sets up the comparison as a Most Different Systems Design, demonstrating how commonalities among the life chances of average households and electoral competition drove, despite stark differences in other areas, the generalized adoption of monetarism.

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Inflation and Disinflation in Europe After the Second World War

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  • 发表日期：

    2025年

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  • Bob Hancké,
  • Tim Vlandas

摘要

This chapter starts our detailed empirical analysis of developments in the UK. France and Germany between the end of post-war reconstruction (1950) and the institution of a restrictive monetary regime (c. 1985). It sets up the comparison as a Most Different Systems Design, demonstrating how commonalities among the life chances of average households and electoral competition drove, despite stark differences in other areas, the generalized adoption of monetarism.