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| Tekijä: | Simonsen, M. H. Cysne, R. P. |
| Otsikko: | Welfare costs of inflation and interest-bearing money |
| Lehti: | Journal of Money, Credit and Banking
2001 : FEB, VOL. 33:1, p. 90-100 |
| Asiasana: | INFLATION INTEREST RATES WELFARE ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | This work extends the Lucas' analysis of the welfare cost of inflation to an economy with interest-bearing deposits. Lower and upper bounds to Lucas' measure of the welfare cost of inflation are also provided. |
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