Economic Quarterly

Winter 1995

Is "High" Capacity Utilization Inflationary?

Mary G. Finn

High capacity utilization is sometimes inflationary, but so too is low capacity utilization. These relationships fail to support theories that ignore supply shocks and that maintain nonlinearity of the aggregate supply curve.

Contact Us

Lisa Kenney
(804) 697-8179

Publications image
Get Our Free Publications

To receive a notification by email when Economic Quarterly is posted online or to order single copies of past issues, click on the links below (published online only since 2012).