The Well‐Being Cost of Inflation Inequalities
نویسندگان
چکیده
منابع مشابه
The Welfare Cost inflation in Iran
The purpose of this paper is to estimate the welfare cost of inflation in Iran. We first use the long-horizon regression approach developed by Fisher and Seater (1993) to obtain an estimate of the inflation rate elasticity of money demand and then the Baily’s consumer surplus approach to calculate the welfare cost function. The results show that reducing inflation rate from 40% to 0% increases ...
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توسیع تعدادی از نامساوی های چند جمله ای در مشتق قطبی
15 صفحه اولthe welfare cost inflation in iran
the purpose of this paper is to estimate the welfare cost of inflation in iran. we first use the long-horizon regression approach developed by fisher and seater (1993) to obtain an estimate of the inflation rate elasticity of money demand and then the baily’s consumer surplus approach to calculate the welfare cost function. the results show that reducing inflation rate from 40% to 0% increases ...
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There have been two broad theories of inflation, namely the demand-pull theory of inflation (that is nowadays mainly the monetary theory of inflation) and the cost-push theory of inflation. The mainstream macroeconomics views inflation as a monetary phenomenon in the long run. Iran has experienced double-digit rates of inflation for about four decades. Our main aim is an explanation for the lon...
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A significant concern for many households is the expense they incur to buy the goods and services that are necessary to maintain a certain standard of living – that is, their ‘cost of living’. The prices of many of these items tend to rise over time, which places upward pressure on the cost of living. The CPI, which measures inflation in prices, is often used to assess changes in the cost of li...
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ژورنال
عنوان ژورنال: Review of Income and Wealth
سال: 2023
ISSN: ['1475-4991', '0034-6586']
DOI: https://doi.org/10.1111/roiw.12631