Heer, Burkhard (contributor); Maußner, Alfred (contributor) - 2006
modelling the effects of unanticipated inflation.
In order to model the short-run effects of monetary policy, we assume that … monetary policy with an unexpected rise of inflation, the
non-interest income distribution becomes more equal, while the effect ….
Keywords: fluctuations, unanticipated inflation, wealth distribution, income distribution,
progressive income taxation, Calvo …