A note on the integrability of partial-equilibrium measures of the welfare costs of inflation

被引：2

作者：

Cysne, RP ^{[1
]}

机构：

[1] Fundacao Getulio Vargas, Rio De Janeiro, Brazil

来源：

JOURNAL OF BANKING & FINANCE | 2002年 / 26卷 / 12期

关键词：

inflation; welfare; integrability;

D O I：

10.1016/S0378-4266(01)00213-8

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Multidimensional measures of the welfare costs of inflation have been employed in the literature without an explicit concern of how the demand for the respective monetary assets are generated and without an investigation of the respective integrability conditions. This note establishes conditions under which such welfare measures are well defined. (C) 2002 Elsevier Science B.V. All rights reserved.

引用

页码：2357 / 2363

页数：7

共 12 条

[1]

Apostol T M, 1957, MATH ANAL

[2] THE WELFARE COST OF INFLATIONARY FINANCE [J].