The welfare cost of inflation in Canada and the United States

Economics Letters

Volumn 84, Issue 2, 2004, Pages 199-204

  Serletis, Apostolos ^a   Yavari, Kazem ^b  

^a UNIVERSITY OF CALGARY   (Canada)

^b TARBIAT MODARES UNIVERSITY   (Iran)

Author keywords

Cointegration; Integration; Interest elasticity; Long run derivative

Indexed keywords

EID: 3042642021     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2004.02.002     Document Type: Article

References (7)

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4. Fisher M. Seater J. Long-run neutrality and superneutrality in an ARIMA framework American Economic Review 83 1993 402-415
5. Friedman M. The optimum quantity of money and other essays 1969 University of Chicago Press
6. Lucas R.E.Jr. Inflation and welfare Econometrica 68 2000 247-274
7. Sidrauski M. Rational choice and patterns of growth in a monetary economy American Economic Review 57 1967 534-544