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's share of national income to the inflation rate (as well as to the output gap, the unemployment rate and the capital stock … inflation and the labor share. Our results suggest that disinflation is not distributively neutral, provide empirical support … negative impact of inflation on growth. …
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This paper studies whether it is possible to characterize an optimal, time-consistent tariff to protect an infant-industry in the presence of learning effects. A domestic monopolist decides how much to produce, taking into account learning effects induced by its current production, while the...
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