期刊名称：Contemporary Issues and Ideas in Social Sciences
印刷版ISSN：1817-4604
电子版ISSN：1817-4604
出版年度：2013
卷号：7
语种：English
出版社：Soc Rsch Soc Sci & Contig Disc
摘要：Stagflation following oil shocks in the 70s and early 80s in the oil importing countries saw the demise of the Keynesian theory on the ground that it is inconsistent with stagflation. This paper shows that the above claim is baseless.
