[PDF] Top 20 A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)
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A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)
... presents closed-form solutions to Lucas’s (2000) general- equilibrium expression for the welfare costs of in‡ation, as well as to the di¤erence ... See full document
10
A note on the integrability of partial-equilibrium measures of the welfare costs of inflation
... due to the fact that, elsewhere, Lucas (2000), for the one-dimensional case, as well as Simonsen and Cysne (2001) and Cysne (2001), for the n-dimensional case, have shown that such ... See full document
7
An ordering of measures of the welfare cost of inflation in economies with interest-bearing deposits
... (2003) to derive and or- der six alternative measures of the welfare costs of inflation (five of which al- ready existing in the literature) for any vector ... See full document
41
Welfare costs of inflation when interest-bearing deposits are disregarded: a calculation of the bias
... by the government. When it comes to the closed-form solutions for the bias arising from disregarding interest-bearing deposits, our calculations assume, as Jones et ...that ... See full document
40
An intra-household approach to the welfare costs of inflation (Revised Version, Forthcoming 2006, Estudos Econômicos)
... on the welfare costs of in‡ation universally assumes that the many-person household can be treated as a single economic ...what the heterogeneity of the agents in a ... See full document
21
Rev. Bras. Econ. vol.59 número2
... a closed-form solution to Lucas’s (2000) ge- neral-equilibrium expression for the welfare costs of ...inflation. The formula applies when the ... See full document
6
An intra-household approach to the welfare costs of inflation
... on the welfare costs of in‡ation universally assumes that the many-person household can be treated as a single economic ...what the heterogeneity of the agents in a ... See full document
20
A Closed-Form Solution for Options with Ambiguity about Stochastic Volatility
... a general theory of optimal stopping under time-consistent ambiguity in discrete time, using the recursive multiple-priors setting of Epstein and Schneider ...One of the ... See full document
33
The n-dimensional bailey-divisia measure as a General-equilibrium measure of the welfare costs of inflation
... conclusion of this example is that under quasilinear preferences the Bailey-Divisia measure leads to an exact general-equilibrium welfare measure equal to the area ... See full document
43
Two additions to Lucas's "inflation and welfare"
... adds to Lucas (2000) by providing analytical solutions to two problems that are solved only numerically by the ...author. The …rst part uses a theorem in control theory (Arrow’s su¢ciency ... See full document
13
Measures of the welfare cost of inflation: a complete ordering
... have to wait until the second half of the twentieth century, with the rise of modern economic science, to see rigorous and logical attempts at measuring in‡ation’s burden ... See full document
26
A decentralized approach to general equilibrium analysis
... describe the market structure. There are four markets: the goods market, the labour market, the loans market and the shares ...assumed to be large enough to guarantee that ... See full document
43
In or Out? The Welfare Costs of EMU Membership
... factor to join the EMU. If business cycles are not synchronized, the impact of a common monetary policy is di¤erent for each country and may hurt the economy of the ... See full document
34
On the use (fulness) of CGE modelling in trade negotiations and policy
... Valladão (ed.), The Costs of Opting-Out: The EU-Mercosur Agreement and the Free Trade Area of the Americas (Three Computable General Equilibrium Models). Paris: Chaire Mercos[r] ... See full document
20
Evaluation of susceptibility of the ZRE1 alloy to hot cracking in conditions of forced strain
... tests of casting welding show that the causes of high-temperature brittleness are the partial tears of the structure and the hot cracks of both the castings ... See full document
6
Bailey's rule for the welfare of inflation: a theoretical foundation
... h. To be fair t o Bailey’s rule, it is necessary t o work wit h models which do not exhibit a t ransit ory dynamic, subsequent ly an alt erat ion of t he in‡at ion rat e from a long-run ...set of ... See full document
57
Model of knowledge representation about materials in the form of a relational database for CAPCAST system
... shows the basic requirements for a material-related module in a CAPCAST ...system. The system user (manufacturer or his employees) introduces to the system the customer's technical ... See full document
6
Rebalancing Frequency and the Welfare Cost of Inflation
... fraction of households trade assets with higher yields less than once a ...time to adjust their ...half of the households that held stocks bought or sold stocks in 1998-2001 (I later calibrate ... See full document
50
General Considerations about Matrimonial Regime under the Provisions of the New Romanian Civil Code
... Register of matrimonial regimes, organized under the law (paragraph ...After the authentication of matrimonial convention during marriage or after receiving the copy of ... See full document
24
Inflation, welfare and public expenditures
... inßation, welfare and growth, using a parameterized overlapping generations model with capital in which govern- ment expenses positively affect the growth rate of human capital ( following ... See full document
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