://ssrn.com/abstract=1125625.The return on investments depends on the effects of inflation. To analyze the effect of inflation, we shall use a case … different inflation rates. The problem of inflation and its consequences is expressed very clearly. And its solution is very … simple. When inflation is high, company earnings are artificially high (i.e., not caused by an improvement in the company …

This paper proposes a new method to measure the impact of inflation on the real value of public debt. The distribution … provide new estimates, and the distribution of risk-adjusted inflation dynamics, for which we provide a novel copula estimator … using options data. We find that it is unlikely that inflation by itself can lower the U.S. fiscal burden significantly …

-expected inflation can lower the real value of outstanding government debt. Looking forward, we derive a formula for the debt burden that …-adjusted probability distributions for inflation at different horizons. The estimates suggest that it is unlikely that inflation will lower … the US fiscal burden significantly, and that the effect of higher inflation is modest for plausible counterfactuals. If …

We argue that long-run inflation has nonlinear and state-dependent effects on unemployment, output, and welfare. Using … anticipated inflation and unemployment. Second, there is also a positive correlation between anticipated inflation and … unemployment volatility. Third, the long-run inflation-unemployment relationship is not only positive, but also stronger when …

We argue that long-run inflation has nonlinear and state-dependent effects on unemployment, output, and welfare. Using … anticipated inflation and unemployment. Second, there is also a positive correlation between anticipated inflation and … unemployment volatility. Third, the long-run inflation-unemployment relationship is not only positive, but also stronger when …

The contrast between the early nineteenth century Argentinean experience of high inflation and the American experience … of low inflation is interpreted in terms of a dynamic monetary model of optimal taxation. It is argued that the two … the inflation tax may be viewed as an optimal solution to its wartime problems. By contrast, with the exception of the …

the period from 1953 through1978. The analysis emphasizes that the Interaction of inflation and existing tax rules has …

to financial intermediaries. Injections to families produce an inflation tax while injections directly to financial … intermediaries provide an inflation subsidy that improves output, consumption, and welfare. This model helps explain why monetary …