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Inflation and income inequalty : a shopping-time approach

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Vintage capital, distortions and development

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Inflation and Income Inequality : A Shopping-Time Aproach

Cysne, Rubens Penha - 2014

Our work is based on a simplified heterogenous-agent shopping time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose of the model is to investigate whether, by focusing the...

Persistent link: https://www.econbiz.de/10013059590