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Inflation uncertainty : a conference sponsored by the Federal Reserve Bank of Cleveland, November 4 - 6, 1992

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"This paper studies the effects of anticipated inflation on aggregate output and welfare within a search-theoretic framework. We allow money-holders to choose the intensities with which they search for trading partners, so inflation affects the frequency of trade as well as the quantity of...

Persistent link: https://www.econbiz.de/10002549951