Inflation is always an important indicator to measure whether economy is stable and healthy. This paper provides a … substantive survey of the research on the welfare cost of inflation, and uses the methods of consumer's surplus and neo …-classical general equilibrium models respectively to estimate the welfare cost of inflation in China. The results show that high …

low but still positive rates of inflation, provides an adequate approximation in welfare terms to the alternative of …

This paper reviews theory and evidence of the welfare effects of inflation from a costbenefit perspective. Basic models … and selected empirical results are discussed. Historically, in assessing the welfare effects of inflation, the distortion … of money demand played a prominent role. More recently, interactions of inflation and taxation came into focus. Growth …

In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In … this paper, the effects of inflation via taxes on the firm's east of capital are analyzed. The taxes considered are the … market rates of return are adjusted for inflation. This makes it possible to determine the net effects of inflation on …

whereas the other type of agents cannot. If the sales tax is perfectly substituted by the inflation tax, then there is no way …

This paper reviews theory and evidence of the welfare effects of inflation from a costbenefit perspective. Basic models … and selected empirical results are discussed. Historically, in assessing the welfare effects of inflation, the distortion … of money demand played a prominent role. More recently, interactions of inflation and taxation came into focus. Growth …

inflation tax. However, if imposing a positive sales tax is inevitable for central bank independence, there arises an …