Welfare costs of inflation in a dynamic economy with search unemployment

DOI10.1016/S0165-1889(02)00136-7MaRDI QIDQ951458zbMATH OpenOpenAlexFDO

Authors Burkhard Heer

Publication date 24 October 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/s0165-1889(02)00136-7

zbMATH Keywords

money demandsearch unemploymenttransition dynamicswelfare costs of inflation

Mathematics Subject Classification ID

General equilibrium theory (91B50) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

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Cites work

• Algorithms and economic dynamics. Selected papers from the 2nd annual meeting of the Society for Computational Economics, Geneva, Switzerland, 1996
• Endogenous growth and the welfare costs of inflation: a reconsideration
• Inflation and welfare
• Labor market search and capital accumulation: Some analytical results
• Money and Interest in a Cash-in-Advance Economy
• Time to Build and Aggregate Fluctuations

Cited in

(11)

• Endogenous growth and the welfare costs of inflation: a reconsideration
• Growth and unemployment: short-run and long-run tradeoffs
• Inflation tax in the lab: a theoretical and experimental study of competitive search equilibrium with inflation
• Revisiting the optimal inflation rate with downward nominal wage rigidity: the role of heterogeneity
• Wealth inequality and optimal monetary policy
• A search model of unemployment and inflation
• Disinflation in a DSGE perspective: Sacrifice ratio or welfare gain ratio?
• Employment adjustments noise and the expecfed rate of inflation in a simple inflation-unemployment model
• Inflation and unemployment in competitive search equilibrium
• Search, welfare, and the ``hot potato effect of inflation
• The effects of total factor productivity and export shocks on a small open economy with unemployment

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