Chapter 3. The Welfare Cost of Inflation in a Growing Economy

  1. Benjamin Eden

Published Online: 13 DEC 2007

DOI: 10.1002/9780470753484.ch3

A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty

A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty

How to Cite

Eden, B. (ed) (2005) The Welfare Cost of Inflation in a Growing Economy, in A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470753484.ch3

Publication History

  1. Published Online: 13 DEC 2007
  2. Published Print: 1 JAN 2005

ISBN Information

Print ISBN: 9780631215653

Online ISBN: 9780470753484

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Keywords:

  • inflation;
  • economy;
  • policy;
  • income;
  • interest rate

Summary

This chapter contains section titled:

  • Steady-state Equilibrium in a Growing Economy

  • Generalizing the Model in Chapter 2 to the Case of Growth

  • Money Substitutes Appendix 3A A dynamic programming formulation