which the median voter chooses the inflation rate. I use an environment where individuals face an uninsurable idiosyncratic … labor productivity shock, and money is the only asset. Being an effective tax on savings, inflation acts as a redistribution … mechanism transferring resources from the rich to the poor. I show that the median voter chooses a positive inflation rate as …

medio-largo plazo ; We empirically explore the influence of inflation on fiscal variables in the short, medium and long run … influence of inflation on changes in public debt ; (ii) accounting decompositions of nominal revenue and expenditure items into …

-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …

explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

, public deficit, interest rate and inflation rate have been analyzed. Symmetry analysis of economic cycles between these two …

This thesis examined the extent to which there is convergence in inflation rates,interest rates and incomes in the …, inflation and interest rate equations. Isimulated the model to assess the economic performance of the smallercountries when … rates and inflation rates in the CMA.Monetary convergence is an indicator of strong financial sector integration in thearea …