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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.
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 introduction of inflationary expectations into the equation implies that actual inflation can feed back into inflationary expectations and thus cause further inflation. The late economist James Tobin dubbed the last term "inflationary inertia", because in the current period, inflation exists which represents an inflationary impulse left ...
This inflationary fixed-point agrees with the least-fixed point where the latter is defined. Although at first glance it seems as if inflationary fixed-point logic should be more expressive than least fixed-point logic since it supports a wider range of fixed-point arguments, in fact, every FO[IFP](X)-formula is equivalent to an FO[LFP](X)-formula.
Linde continues his work on the theory of inflationary multiverse. In particular, Renata Kallosh and Andrei Linde, together with their collaborators, developed a theory of cosmological attractors. This is a broad class of versions of inflationary cosmology which provide one of the best fits to the latest observational data. [5]
Paul Steinhardt, one of the original architects of the inflationary model, introduced the first example of eternal inflation in 1983. [97] He showed that the inflation could proceed forever by producing bubbles of non-inflating space filled with hot matter and radiation surrounded by empty space that continues to inflate.
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 ...
Most inflationary models propose a scalar field called the inflaton field, with properties necessary for having (at least) two vacuum states. It is not known exactly when the inflationary epoch ended, but it is thought to have been between 10 −33 and 10 −32 seconds after the Big Bang. The rapid expansion of space meant that any potential ...