A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)


Autoria(s): Cysne, Rubens Penha
Data(s)

13/05/2008

13/05/2008

01/08/2004

Resumo

This work presents closed-form solutions to Lucasís (2000) generalequilibrium expression for the welfare costs of ináation, as well as to the di§erence between the general-equlibrium measure and Baileyís (1956) partial-equilibrium measure. In Lucasís original work only numerical solutions are provided.

Identificador

01048910

http://hdl.handle.net/10438/716

Idioma(s)

en_US

Publicador

Escola de Pós-Graduação em Economia da FGV

Relação

Ensaios Econômicos;562

Palavras-Chave #Economia #Inflação #Bem-estar econômico
Tipo

Working Paper