| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP293 |
| DP293 Costs of Inflation | |
| Grayham Ernest Mizon; Alistair Mitchell Ulph; John Driffill | |
| 发表日期 | 1989-04-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | We review theoretical and empirical analyses of the costs of inflation. Part 2 of the paper examines microeconomic models in which inflation is perfectly anticipated, and viewed as the only distortion in the economy or as one of many distortionary taxes, which may or may not be chosen optimally. Part 3 turns to stochastic models with a more macroeconomic orientation, in which inflation is imperfectly perceived, or where real costs of price adjustment cause agents not to adjust fully in the presence of inflation. Part 4 discusses empirical work, which largely focuses on the relationship between the level of inflation, its variability, its unpredictability, and variation in relative prices. |
| 主题 | International Macroeconomics |
| 关键词 | Fluctuations inflation Welfare costs |
| URL | https://cepr.org/publications/dp293 |
| 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/529454 |
| 推荐引用方式 GB/T 7714 | Grayham Ernest Mizon,Alistair Mitchell Ulph,John Driffill. DP293 Costs of Inflation. 1989. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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