On the Welfare Cost of Inflation in a New Keynesian Model with a Cash-in-advance Constraint: The Case of Iran
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DOI: 10.22059/ier.2018.68549
Abstract: The welfare cost of inflation in a new Keynesian model has been studied in this article. Nominal prices and wages are subjected to Rotenberg's adjustments in the benchmark model. In addition, this study uses the… read more here.
Keywords: welfare cost; welfare; model; ation ... See more keywords