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As a result, the inflationary scenario associated to this potential or to an action including an term are referred to as Starobinsky inflation. To distinguish, models using the original, more complete, quantum effective action are then called (trace)-anomaly induced inflation.
It is the inflation accounting model required in International Financial Reporting Standards implemented in 174 countries. Process of Inflation Accounting Inflation Accounting refers to the process of adjusting the financial statements of a company to show the real financial picture of the company during the inflationary period. Inflation ...
According to the inflationary theory, all elementary particles in the universe emerged after the end of inflation, in a process called reheating. The first version of the theory of reheating, which is essentially the theory of creation of matter in the universe, was developed in 1982 by Alexander Dolgov and Linde, and also by L.F. Abbott ...
The horizon problem (also known as the homogeneity problem) is a cosmological fine-tuning problem within the Big Bang model of the universe. It arises due to the difficulty in explaining the observed homogeneity of causally disconnected regions of space in the absence of a mechanism that sets the same initial conditions everywhere.
When there is a BOP disequilibrium, either by the market forces or policy measures for readjustments, SWAN model is helpful. Internal Balance looks forward to acquiring full employment with lowest possible inflation, whereas External Balance looks towards a "No surplus - No deficit" position in the economy.
Other economic concepts related to inflation include: deflation – a fall in the general price level; [17] disinflation – a decrease in the rate of inflation; [18] hyperinflation – an out-of-control inflationary spiral; [19] stagflation – a combination of inflation, slow economic growth and high unemployment; [20] reflation – an ...
The non-accelerating inflation rate of unemployment (NAIRU) [1] is a theoretical level of unemployment below which inflation would be expected to rise. [2] It was first introduced as the NIRU (non-inflationary rate of unemployment) by Franco Modigliani and Lucas Papademos in 1975, as an improvement over the "natural rate of unemployment" concept, [3] [4] [5] which was proposed earlier by ...
The Inflationary Universe is a popular physics book by theoretical physicist Alan H. Guth, first published in 1997.The book explores the historical and theoretical development and expansion of the theory of inflation, which was first presented by the author in 1979 as the culmination of his research on the implications of theory of the Big Bang.