The welfare effects of inflation : a cost-benefit perspective /
This paper reviews theory and evidence of the welfare effects of inflation from a costbenefit perspective. Basic models and selected empirical results are discussed. Historically, in assessing the welfare effects of inflation, the distortion of money demand played a prominent role. More recently, in...
Main Author: | Tödter, Karl-Heinz |
---|---|
Other Authors: | Manzke, Bernhard |
Format: | Book |
Language: | English |
Published: |
Frankfurt am Main :
Deutsche Bundesbank,
2007
|
Series: | Discussion paper (Deutsche Bundesbank). Series 1: economic studies
no. 33/2007 |
Subjects: | |
Online Access: | http://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2007/2007_12_27_dkp_33.pdf?__blob=publicationFile |
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