We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic …'s hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been …

cost of inflation for the US economy using a flexible time-varying cointegration methodology to estimate the money demand … estimate of the welfare cost of inflation for a 10-percent inflation rate lies in the range of 0.025 to 0.75 percent of GDP and … averages 0.27 percent. In sum, our findings fall well within the ranges of existing studies of the welfare cost of inflation …

We revisit the estimation of the welfare costs of inflation originating from lack of liquidity satiation. We use data …