'shopping time'. These are a subset of a wider range of costs caused by inflation. The paper tests whether or not money balances … uncertainties about the shape of the money demand curve translate into uncertainties about these welfare costs of inflation. A key …This paper quantifies for the United Kingdom the general equilibrium costs of individuals holding cash to economise on …

This paper analyses the response of firms to monthly CPI inflation releases using high-frequency data from a large … economy-wide business survey. CPI inflation perceptions respond very quickly, in a matter of hours after the release. We also … find that firms' expected own-price growth has a strong positive correlation with changes in CPI inflation, particularly …

incorporating computer skills, complementary skills and fixed costs for computer technology usage suggested by the micro literature …. It turns out that fixed costs for computer technology usage explain different patterns of computer adoption and diffusion …