| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP19 |
| DP19 The Costs of Inflation: Some Theoretical Issues | |
| [unavailable] | |
| 发表日期 | 1984-05-01 |
| 出版年 | 1984 |
| 语种 | 英语 |
| 摘要 | Although for the most part this paper is concerned with others' work, it is not a survey of the literature. Notable omissions are: the shoe-leather effect, the Tobin effect, the real effects of nominal (government) institutions. The first part looks at the relationship between inflation, relative prices and inefficiency. Inter alia, there is a critique of the way the price misperceptions model has been used in applied work, and a new model of the effects of consumers thinking in nominal terms. The second part considers the consequences of, and possible reasons for, the non-indexing of loans. Finally, the relation between inflation and the stock market is discussed. |
| 关键词 | Indexation of loans inflation stock market |
| URL | https://cepr.org/publications/dp19 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529175 |
| 推荐引用方式 GB/T 7714 | [unavailable]. DP19 The Costs of Inflation: Some Theoretical Issues. 1984. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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