The N-Dimensional Bailey-Divisia Measure as a General-Equilibrium Measure of the Welfare Costs of In flation

This paper shows that in economies with several monies the Bailey-Divisia multidimensional consumers surplus formula may emerge as an exact general-equilibrium measure of the welfare costs of infl ation, provided that preferences are quasilinear

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

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, Vol. 113, No. 2, 2011 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 14, 2011 erstellt
Classification:	C0 - Mathematical and Quantitative Methods. General ; E40 - Money and Interest Rates. General ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013059829