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A two-class fiscal and monetary growth model

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Environment, growth and fiscal and monetary policies

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The macroeconomy of Angola : breaks and persistence in Angolan macro data

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Inflation in Mozambique : empirical facts based on persistence, seasonality and breaks

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A new perspective on the Gold Standard : inflation as a population phenomenon

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Macroeconomic adjustment under regime change : from social contract to Arab Spring

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Does high inflation affect growth in the long and short run?

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Effort, productivity and inflation

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Tobin's q and US inflation

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A new perspective on the Gold Standard: Inflation as a population phenomenon

Faria, João Ricardo; McAdam, Peter - In: Journal of International Money and Finance 31 (2012) 6, pp. 1358-1370

The purpose of this paper is to contribute a new model of the Gold Standard, focusing on the interaction between resource scarcity and demographics. In a dynamic micro-founded model we find that: i) prices and equilibrium gold holdings increase with population (a scale effect), but decrease with...

Persistent link: https://www.econbiz.de/10010599340