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An intra-household approach to the welfare costs of inflation

An intra-household approach to the welfare costs of inflation

... follows. The U- and IH- models are presented in Section ...dedicated to analyzing the implications, for the deriva- tion of the money demand function and of the ... See full document

20

An intra-household approach to the welfare costs of inflation (Revised Version, Forthcoming 2006, Estudos Econômicos)

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 ... See full document

21

Debt ceiling and fiscal sustainability in Brazil: a quantile autoregression approach

Debt ceiling and fiscal sustainability in Brazil: a quantile autoregression approach

... An Intra–Household Approach to the Welfare Costs of Inflation (Revised Version, Forthcoming 2006, Estudos Econˆomicos).. Ensaios Econˆomicos da EPGE 612, EPGE–FGV, Jan 2006.[r] ... See full document

41

A restatement of the welafare costs of inflation. The wast of scarce resources in the manufacturing , banking and household sectors

A restatement of the welafare costs of inflation. The wast of scarce resources in the manufacturing , banking and household sectors

... that the welfare costs of in‡ation can be ...that the chaotic German hyperin‡ation had a decisive role for the be- ginning of the II World ...time, the ... See full document

57

Welfare costs of inflation when interest-bearing deposits are disregarded: a calculation of the bias

Welfare costs of inflation when interest-bearing deposits are disregarded: a calculation of the bias

... estimates of the welfare costs of in‡ation are devised considering only noninterest- bearing assets, ignoring that since the 80’s technological innovations and new regu- lations ... See full document

40

An ordering of measures of the welfare cost of inflation in economies with interest-bearing deposits

An ordering of measures of the welfare cost of inflation in economies with interest-bearing deposits

... measure of the welfare costs of inflation based on the Sidrauski model and another one based on the shopping-time ...and the shopping- time measures are very ... See full document

41

Inflation dynamics in Brazil: an empirical approach

Inflation dynamics in Brazil: an empirical approach

... by the earlier section of this current work), when computing the output gap by some smooth technique, might not be a decisive evidence against Calvo’s ...lead to the rejection of ... See full document

33

Welfare cost of Inflation in Brazil: an approach with time-varying cointegration and Kalman filter

Welfare cost of Inflation in Brazil: an approach with time-varying cointegration and Kalman filter

... represents the sensitivity of interest rate changes in the demand for ...Given the context of Brazilian monetary history, it is interesting to vary this elasticity in time due ... See full document

29

Welfare costs of inflation: the case for interest-bearing money and empirical estimates for Brazil

Welfare costs of inflation: the case for interest-bearing money and empirical estimates for Brazil

... would be generated had one extended Bailey's approach to this case. We also show lhat accounts the higber the banking income share in GDP, lhe less accurate Bai1e[r] ... See full document

25

Bailey's rule for the welfare of inflation: a theoretical foundation

Bailey's rule for the welfare of inflation: a theoretical foundation

... impact of in‡at ion under welfare has been de…ned as t he int egrat ion of t he marginal impact , in unit s of asset ...measure of t he variat ion in welfare in unit s of ... See full document

57

Rebalancing Frequency and the Welfare Cost of Inflation

Rebalancing Frequency and the Welfare Cost of Inflation

... calculate the welfare cost of inflation in a cash-in-advance model in which agents vary the trading periods of bonds for money, as in Baumol (1952) and Tobin ...endogenizing the ... See full document

50

Measures of the welfare cost of inflation: a complete ordering

Measures of the welfare cost of inflation: a complete ordering

... for the partial-equilibrium context (see, for instance, Varian (2002, ...14)), the welfare cost of in‡ation associated to the compensating variation notion is smaller than ... See full document

26

The n-dimensional bailey-divisia measure as a General-equilibrium measure of the welfare costs of inflation

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 under ... See full document

43

A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)

A general-equilibrium closed-form solution to the welfare costs of inflation (Forthcoming, Revista Brasileira de Economia)

... version of Lucas’s shopping time model. Given the correspon- dent interpretation of the variables in each case, both the discrete and the continuous approach, with or ... See full document

10

Electricity consumption as a predictor of household income: an spatial statistics approach

Electricity consumption as a predictor of household income: an spatial statistics approach

... 1996, the Brazilian Criterion of Economic Classification (CCEB), or simply the Brazilian Criterion, was created by ...2004, the Brazilian Research Enterprises Association (ABEP) was founded ... See full document

18

The Impact of the Expansion of the Bolsa Familia Program on the Time Allocation of Youths And Their Parents Lia Chitolina Miguel Nathan Foguel Naercio Menezes-Filho

The Impact of the Expansion of the Bolsa Familia Program on the Time Allocation of Youths And Their Parents Lia Chitolina Miguel Nathan Foguel Naercio Menezes-Filho

... As the multinomial model is non-linear, the marginal effect of the treatment in a DID model is not the marginal impact of the interaction between time and treatment, but ... See full document

39

Mechanism design and the collective approach to household behavior

Mechanism design and the collective approach to household behavior

... lack the type of commitment required to sus- tain the threats devised by Nash ...levels of utility depending on whether spouses are in agreement or ...determine the bundles ... See full document

22

The Existence Of Leading Islands Securing And The Border Areas Unitary State Of Indonesia An Analysis In Law Perspective

The Existence Of Leading Islands Securing And The Border Areas Unitary State Of Indonesia An Analysis In Law Perspective

... on the objectives to be achieved and problems that have been formulated, the method used is juridical- ...sociological. The juridical approach is intended to explore and study ... See full document

4

Inflation, welfare and public expenditures

Inflation, welfare and public expenditures

... studies welfare effects of monetary policy in an overlap- ping generations model with capital and no form of taxation other than ...ity. The main result of the paper is ... See full document

11

The household costs of visceral leishmaniasis care in south-eastern Nepal.

The household costs of visceral leishmaniasis care in south-eastern Nepal.

... at the district level are provided by sub- health posts, health posts, primary health care centres and district hospitals ...network of female community health volunteers at the village level refer ... See full document

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