E40 - General - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:56:48+00:00Liquidity, Redistribution, and the Welfare Cost of Inflation
https://www.bankofcanada.ca/2007/07/working-paper-2007-39/
This paper studies the long run welfare costs of inflation in a micro-founded model with trading frictions and costly liquidity management.2007-07-01T13:00:02+00:00enLiquidity, Redistribution, and the Welfare Cost of Inflation2007-07-01Inflation: costs and benefitsWorking Paper 2007-39 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-39.pdfLiquidity, Redistribution, and the Welfare Cost of InflationJonathan ChiuMiguel MolicoJuly 2007EE4E40E5E50