The Welfare Cost of Signaling

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 ...

On the Welfare Cost of Inflation in a New Keynesian Model with a Cash-in-advance Constraint: The Case of Iran

T he 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 CIA model to compare the welfare cost of seigniorage tax and consumption tax. The model is calibrated for the Iranian economy and the results of the calibration are as follow...

The Effects of the Structural Variables of the Iranian Industries on the Social Cost: The SCP Approach

This paper studies the effects of the structural variables of the Iranian industries sector on the welfare cost using to the Structure-Conduct-Performance (SCP) theory. In other words, we investigate the role of structural components and their effects on the size of the welfare cost in Iran's industry sector. We have used the Leibenstein's model to calculate the deadweight loss and then the pan...

The Welfare Cost of Inflation: Theory with an Application of Generalized Method of Moments (GMM) to Ira

تحلیل مقایسه ای هزینه رفاهی مالیات تورمی در الگوی تعادل جزئی و تعادل عمومی

Money is a facilitator of economic activities, thus, formatting of economic activity is dependent on the institutionalizing of monetary system. In common monetary system, the weakness of common perception about money, publishing and distributing mechanism led to inefficiencies in optimal allocation of resources and welfare cost of inflation tax. Partial equilibrium model in compare with gener...

Costing the outpatient rehabilitation services in Nezam-Mafi Rehabilitation Center

Objectives: One of the basic challenges of health care centers is the inflated costs of services. Rehabilitation services play a significant role in restoring people's functional ability and returning people with disabilities to society. Costing the rehabilitation services in an accurate way could sustain advisable decisions on activity based budgeting and optimal resource allocation. The objec...