The welfare loss from unstable inflation

DOI10.1016/J.ECONLET.2006.12.009zbMath1255.91289OpenAlexW2087972002MaRDI QIDQ1934095

Salvatore Nisticò

Publication date: 28 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2006.12.009

zbMATH Keywords

symmetric equilibriumrelative-price dispersionrotemberg-pricingwelfare criterion

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Welfare economics (91B15)

Related Items (6)

The inflation bias under Calvo and Rotemberg pricing ⋮ Is Rotemberg pricing justified by macro data? ⋮ Revisiting the Great Moderation : policy or luck? ⋮ Welfare implications of Calvo vs. Rotemberg-pricing assumptions ⋮ Real wage rigidities and disinflation dynamics: Calvo vs. Rotemberg pricing ⋮ Calvo vs. Rotemberg in a trend inflation world: an empirical investigation

This page was built for publication: The welfare loss from unstable inflation