The analytics of monetary non-neutrality in the Sidrauski model

Economics Letters

Volumn 94, Issue 1, 2007, Pages 129-135

  Reis, Ricardo ^a  

^a PRINCETON UNIVERSITY   (United States)

Author keywords

Capital accumulation; Monetary policy; Money and growth

Indexed keywords

EID: 33845510310     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2006.08.017     Document Type: Article

References (7)

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2. Cohen D. Inflation, wealth and interest rates in an intertemporal optimizing model. Journal of Monetary Economics 16 (1985) 73-85
3. Fischer S. Capital accumulation on the transition path in a monetary optimizing model. Econometrica 47 (1979) 1433-1439
4. Koenig E.F. Real money balances and the timing of consumption: an empirical investigation. Quarterly Journal of Economics 105 (1990) 399-425
5. Lucas R.E. Inflation and welfare. Econometrica 68 (2000) 247-274
6. Romer P.M. Increasing returns and long-run growth. Journal of Political Economy 94 (1986) 1002-1037
7. Sidrauski M. Rational choices and patterns of growth in a monetary economy. American Economic Review 57 (1967) 534-544