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J. S. Metcalfe and I. Steedman, “Some Long-Run Theory of Employment, Income Distribution and the Exchange Rate,” The Manchester School, Vol. 49, No. 1, 1981, pp. 1-20. doi:10.1111/j.1467-9957.1981.tb00169.x

has been cited by the following article:

• TITLE: Switch to Devalued Drachma and Cost-Push Inflation: A Simple Input-Output Approach to the Greek Case

  AUTHORS: Apostolis Katsinos, Theodore Mariolis

  KEYWORDS: Cost-Push Inflation; Drachma Devaluation; Dynamic Input-Output Price Models; Greek Economy; International Competitiveness

  JOURNAL NAME: Modern Economy, Vol.3 No.2, March 28, 2012

  ABSTRACT: This paper uses simple dynamic input-output price models to estimate the effects of a switch to devalued drachma on the cost-inflation rate in the Greek economy. The findings suggest that the inflationary “pressures” are not too high and, therefore, there is room for trade-balance improvement.