Welfare costs of inflation when interest-bearing deposits are disregarded: A calculation of the bias

Author:

Cysne Rubens Penha,Turchick David

Publisher

Elsevier BV

Subject

Applied Mathematics,Control and Optimization,Economics and Econometrics

Reference26 articles.

1. The demand for money, financial innovation, and the welfare cost of inflation: an analysis with household data;Attanasio;Journal of Political Economy,2002

2. U.S. money demand and the welfare cost of inflation in a currency-deposit model;Bali;Journal of Economics and Business,2000

3. The welfare cost of inflationary finance;Bailey;Journal of Political Economy,1956

4. The transactions demand for cash: an inventory-theoretic approach;Baumol;Quarterly Journal of Economics,1952

5. Money and its substitutes;Boughton;Journal of Monetary Economics,1981

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