Endogenous growth and the welfare costs of inflation: a reconsideration

DOI10.1016/S0165-1889(97)00067-5zbMath0902.90019OpenAlexW1991090562MaRDI QIDQ1128531

Junxi Zhang, Yangru Wu

Publication date: 13 August 1998

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(97)00067-5

zbMATH Keywords

endogenous growthmoney demandmonetary endogeneous growth modelwelfare costs of inflationRomer model

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (3)

Welfare costs of inflation in a dynamic economy with search unemployment ⋮ Dynamics in a transactions-based monetary growth model ⋮ Working hours reduction and wage contracting style in a dynamic model with labor adjustment costs

Cites Work

• The welfare cost of inflation under imperfect insurance
• Indeterminacy and increasing returns
• Real business cycles and the animal spirits hypothesis

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