A General-Equilibrium Closed-Form Solution to the Welfare Costs of Inflation

This work presents closed-form solutions to Lucas's (2000) general equilibrium expression for the welfare costs of inflation, as well as to the difference between the general-equilibrium measure and Bailey's (1956) partial-equilibrium measure. In Lucas's original work only numerical solutions are provided

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Year of publication:	2014
Authors:	Cysne, Rubens Penha
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Inflation \| Soziale Kosten \| Social costs

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Extent:	1 Online-Ressource (10 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Revista Brasileira Economia vol. 59 no. 2 June 2005 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 30, 2004 erstellt
Classification:	C0 - Mathematical and Quantitative Methods. General ; E0 - Macroeconomics and Monetary Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

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