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Welfare cost of (low) inflation : a general equilibrium perspective

Zee, Howell H. - 1998

Persistent link: https://www.econbiz.de/10000997272

Welfare cost of (low) inflation : a general equilibrium perspective

Zee, Howell H. - 1998

Persistent link: https://www.econbiz.de/10000997591

Inflation and wealth distribution

Heer, Burkhard; Süssmuth, Bernd - 2003

The effect of a permanent change of inflation on the distribution of wealth is analyzed in a general equilibrium OLG … of inflation results in a lower stock market participation rate; in addition, the distribution of wealth becomes more … anticipated inflation are considerably lower than in Imrohoroglu (1992). …

Persistent link: https://www.econbiz.de/10001737586

Welfare Cost of (Low) Inflation : A General Equilibrium Perspective

Zee, Howell H. - 1998

This paper provides general equilibrium estimates of the steady-state welfare gains of lowering inflation from a low … tax, it is found that inflation unambiguously reduces capital intensity, drives up the before-tax real rate of return to …

Persistent link: https://www.econbiz.de/10014399602

Interest rate fluctuations and equilibrium in the housing market

Arslan, Yavuz - 2013

Persistent link: https://www.econbiz.de/10011401028

Micro-founded tax policy effects in a heterogeneous-agent macro-model

D'Andria, Diego; DeBacker, Jason; Evans, Richard W.; … - 2019

Microsimulation models are increasingly used to calibrate macro models for tax policy analysis. Yet, their potential remains underexploited, especially in order to represent the non-linearity of the tax and social benefit system and interactions between capital and labour incomes which play a...

Persistent link: https://www.econbiz.de/10011994639

Macroeconomic evolution after a production shock : the role for financial intermediation

Vinogradov, Dmitri V. - 2006 - This version: August 29, 2006

Financial intermediaries may increase economic efficiency through intertemporal risk smoothing. However without an adequate regulation, intermediation may fail to do this. This paper studies the effects of a production shock in a closed economy and compares abilities of market-based and...

Persistent link: https://www.econbiz.de/10003393903

Modelling fiscal policy with OLGA Treasury's OverLapping Generations model of the Australian economy

Cai, Yiyong; Gustafsson, Linus; Kouparitsas, Michael A.; … - 2023

To meet the needs of a broad set of internal and external stakeholders now and into the future the Australian Treasury maintains a significant macroeconomic modelling capability. Treasury's current inhouse capability is similar to that of the US Congressional Budget Office (CBO) and the Joint...

Persistent link: https://www.econbiz.de/10014333520

Who bears the burden of universal health coverage? : an assessment of alternative financing policies using an overlapping-generations general equilibrium model

Abu-Zaineh, Mohammad; Awawda, Sameera; Ventelou, Bruno - 2019

Persistent link: https://www.econbiz.de/10012059796

Fiscal policy effects in a heterogeneous-agent OLG economy with an aging population

Nishiyama, Shinichi - 2015

Persistent link: https://www.econbiz.de/10012176290

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