Using U.S. cross-sectional data, this paper calculates the welfare cost of a 10% inflation for different individuals … consumption in order to have inflation reduced from 10% to 0. In absolute terms this represents a cost of 2.687% of consumption … advantage of using this model. Hence, inflation in this framework, as other studies have shown, acts as a regressive consumption …

economic model suggests a negative inflation-growth effect, and one that is stronger at lower levels of inflation. Empirical … negative inflation effect is found comprehensively for the OECD countries to be significant and, as in the theory, to increase … marginally as the inflation rate falls. For APEC countries, the results from using instrumental variables also show significant …

This paper studies the proposition that an inflation bias can arise in a setup where a central banker with asymmetric …

of long-term interest rates and inflation when the latter is subject to a targeting policy by the Central Bank. …

'okun-Perry. Nous Proposons une Autre Specification Ou Est Consideree une Variation des Coefficients du Chomage et de L'inflation. les …

High Real Interest Rates and the Slowing Down of Inflation Are Changing the Nature of the Business Cycle in Canada. the … 11% Whereas Inflation Will Stay in the 3,5% - 4% Range. …

Estime Dans la Derniere Section Que les Couts Salariaux au Canada Ne Sont Responsables Que de 16% de L'inflation au Cours de …