Measuring Welfare Cost of Inflation

Study in Generalized General Equilibrium Models

Autori

• Lian Wang

Parametri

• 232 pagine
• 9 ore di lettura

• Economia e affari

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The book delves into the welfare cost of inflation using a general equilibrium framework that incorporates realistic factors affecting money demand and supply. By introducing interest-bearing deposits and establishing a banking sector, it provides a nuanced analysis of inflation's impact. This research is particularly beneficial for central bankers and economists, offering insights into policy implications and enhancing understanding of nonlinear threshold estimation in economic models.

Lingua: Inglese

Pubblicato: 2012

(In brossura)