inflation, 1965-79. There were two sides in the debate, the neo-Keynesians and the monetarists. The former played down the costs … of inflation regardless of the public's perception to the contrary, and adopted a view of the consumer as economically … inflation in the two decades after 1945 is addressed. The following section reconstructs consumers' choices and attitudes in …

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 …

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 …, where market rates of return are adjusted for inflation. This makes it possible to determine the net effects of inflation on …

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 …