Measuring Welfare Cost of Inflation

Study in Generalized General Equilibrium Models

Autor*innen

• Lian Wang

Parameter

• 232 Seiten
• 9 Lesestunden

• Wirtschaft

Mehr zum Buch

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.

• Sprache: Englisch
• Erscheinungsdatum: 2012
• Einband: Paperback