Comparing partial and general equilibrium estimates of the welfare cost of inflation.

The writer considers partial and general equilibrium estimates of the welfare cost of inflation. Reserve banks all over the world have been tending toward zero inflation policies, but confusion obscures the welfare cost of sustaining such inflation policies in spite of the best attempts at clarific...

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Publicado en:Contemporary Economic Policy Vol. 13; pp. 60 - 72
Autor principal: Gillman, Max
Formato: Artículo
Publicado: Wiley-Blackwell October 1995
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Acceso en línea:Ver este registro en EBSCOhost