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Karl-Friedrich Israel

Tags Money and BanksMonetary TheoryMoney and Banking

Works Published inMises Daily Article

Karl-Friedrich Israel is an assistant professor in the department of economics and business at Western Catholic University in Angers, France. He is an organizing member of the Austrian Economics Meeting Europe and is a Mises Institute Research Fellow. He previously worked as a senior researcher at the Institute for Economic Policy at Leipzig University in Germany. He obtained his doctorate degree in economics from the University of Angers in France in 2017 working on the costs and benefits of central banking.

All Works

Income and Substitution Effects: A Rejoinder to Professor Joseph Salerno

11/04/2020Quarterly Journal of Austrian Economics
Professor Joseph Salerno (2019) has commented on my recent reconstruction of the income effect from a causal-realist perspective (Israel, 2018b). In this rejoinder, I clarify my position and show that the main points of criticism in Salerno’s response are unfounded.
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Why Official Inflation Measures Don't Work

Other Schools of ThoughtPhilosophy and Methodology

05/23/2020Mises Media
In theory, it is possible to adjust inflation measures to account for the many constant changes in prices resulting from changing demand, quality, and innovations. But it's essentially impossible to execute these adjustments accurately.
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Why Official Inflation Measures Don't Work

InflationOther Schools of ThoughtPhilosophy and Methodology

Blog05/23/2020

In theory, it is possible to adjust inflation measures to account for the many constant changes in prices resulting from changing demand, quality, and innovations. But it's essentially impossible to execute these adjustments accurately.

Read More

Why Has There Been So Little Consumer Price Inflation?

InflationFinancial Markets

05/11/2020Mises Media
Prices of consumer goods have grown rather slowly in spite of sizable money supply growth. Why is there a gap?
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Why Has There Been So Little Consumer Price Inflation?

InflationFinancial Markets

Blog05/11/2020

Prices of consumer goods have grown rather slowly in spite of sizable money supply growth. Why is there a gap?

Read More
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