| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Inflation and Welfare in an OLG Economy with a Privately Provided Public Good | |
| Sergio Currarini; Gaetano Bloise; Nicholas Kikidis | |
| 发表日期 | 2001 |
| 出处 | Economy and Society |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | In this paper we study the welfare effects of monetary policy in a simple overlapping generation economy in which agents voluntarily contribute to a public good. Inflation has two effects at equilibrium: it increases voluntary contributions and it misallocates private consumption across time. We show that the aggregate effect is welfare-improving for "not too large" inflation rates. Moreover, there exists an optimal inflation rate. |
| 特色分类 | H41,E52,D91 |
| 关键词 | Optimal inflation,public goods,voluntary contributions |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/inflation-and-welfare-in-an-olg-economy-with-a-privately-provided-public-good/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116615 |
| 推荐引用方式 GB/T 7714 | Sergio Currarini,Gaetano Bloise,Nicholas Kikidis. Inflation and Welfare in an OLG Economy with a Privately Provided Public Good. 2001. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2001-012.pdf（520KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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