The welfare cost of inflation in Italy

Applied Economics Letters

Volumn 12, Issue 3, 2005, Pages 165-168

  Serletis, Apostolos ^a   Yavari, Kazem ^b  

^a UNIVERSITY OF CALGARY   (Canada)

^b TARBIAT MODARES UNIVERSITY   (Iran)

Author keywords

[No Author keywords available]

Indexed keywords

INFLATION; WELFARE ECONOMICS;

EASTERN HEMISPHERE; EURASIA; EUROPE; ITALY; SOUTHERN EUROPE; WORLD;

EID: 14844353394     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/1350485042000318402     Document Type: Article

References (7)

1. Bailey, M. J. (1956) The welfare cost of inflationary finance, Journal of Political Economy, 64, 93-110.
2. Bullard, J. B. and Russell, S. (2004) How costly is sustained low inflation for the US economy?, The Federal Reserve Bank of St. Louis Review, 86, 35-67.
3. Fisher, M. and Seater, J. (1993) Long-run neutrality and superneutrality in an ARIMA framework, American Economic Review, 83, 402-15.
4. Lucas, R. E. Jr (2000) Inflation and welfare, Econometrica, 68 247-74.
5. Muscatelli, V. A. and Spinelli, F. (2000) The long-run stability of the demand for money: Italy 1861-1996, Journal of Monetary Economics, 45, 717-39.
6. Serletis, A. and Yavari, K. (2004) The welfare cost of inflation in Canada and the United States, Economics Letters, 84, 199-204.
7. Sidrauski, M. (1967) Rational choice and patterns of growth in a monetary economy, American Economic Review, 57, 534-44.