Inflation Aversion

With inflation aversion, an increase in the monetary growth rate decreases the steady-state value of capital stock, consumption, and real balance holding.

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Year of publication:	2011
Authors:	Zou, Heng-fu ; Gong, Liutang ; Zeng, Xinsheng
Institutions:	China Economics and Management Academy, Central University of Finance and Economics (CUFE)
Subject:	Inflation aversion \| Capital accumulation \| Money

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Extent:	application/pdf
Series:	CEMA Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Annals of Economics and Finance, May 2011, pages 1-11 Number 481 11 pages
Classification:	D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; O23 - Fiscal and Monetary Policy in Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009246589