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The Welfare Cost of Inflation: A Critique of Bailey and Lucas
14 references·0 citing·31 second hop
The Welfare Cost of Inflation: A Critique of Bailey and Lucas (1999)The Welfare Cost of Inflation: A Critique…Inflation Targeting in a St. Louis Model of the 21st Century (2013)Inflation Targeting in a St. …On the welfare cost of inflation (1994)On the welfare cost of inflat…INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)INFLATION IN THE THEORY OF PU…A note on the welfare cost of money creation (1976)A note on the welfare cost of…The Honest Government's Guide to the Revenue from the Creation of Money (1974)The Honest Government's Guide…Inflation in the Theory of Public Finance (1973)Inflation in the Theory of Pu…The Optimum Quantity of Money: and Other Essays (1971)The Optimum Quantity of Money…Money and Economic Growth (1965)Money and Economic GrowthInflation and Real Interest (1963)Inflation and Real InterestTHE WELFARE COST OF INFLATIONARY FINANCE (1956)THE WELFARE COST OF INFLATION…The Welfare Cost of Inflationary Finance (1956)The Welfare Cost of Inflation…The monetary dynamics of hyperinflation (1956)The monetary dynamics of hype…A Contribution to the Theory of Taxation (1927)A Contribution to the Theory …General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States.General Equilibrium Computati…Essays in Positive Economics (1954)Time Consistency of Fiscal and Monetary Policy (1987)Economic and Monetary Union in Europe (1992)Fiscal Policy and Long-Run Growth (1997)Optimal Taxation and Public Production I: Production Eficiency (2016)The Pure Theory of Public Expenditure (1954)The Incidence of the Corporation Income Tax (1962)An Aging Society: Opportunity or Challenge? (1990)Chapter 25 Government debt (1999)Monitoring Corruption: Evidence from a Field Experiment in Indonesia (2005)On the Time Consistency of Optimal Policy in a Monetary Economy (1978)Inflation and Welfare (2000)Learning about monetary policy rules (2002)Health insurance and the demand for medical care: evidence from a randomized experiment. (1987)Signaling in Retrospect and the Informational Structure of Markets (2002)Salience and Taxation: Theory and Evidence (2009)Money-Wage Dynamics and Labor-Market Equilibrium (1968)Social Security, Induced Retirement, and Aggregate Capital Accumulation (1974)Some Unpleasant Monetarist Arithmetic (1984)Causal Relations Among Stock Returns, Interest Rates, Real Activity, and Inflation (1992)The Political Economy of Central Bank Independence (1995)The Term Structure of Real Rates and Expected Inflation (2007)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)The ‘New’ Theory of Optimum Currency Areas (1993)Cointegration Vector Estimation by Panel DOLS and Long‐run Money Demand* (2003)The Solution of Linear Difference Models under Rational Expectations (1980)A Theory of the Term Structure of Interest Rates (1985)The Modern History of Exchange Rate Arrangements: A Reinterpretation (2004)The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach (1977)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)
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References

  • 1927A Contribution to the Theory of Taxation2,918 cited
  • 1956The monetary dynamics of hyperinflation1,734 cited
  • 1965Money and Economic Growth1,671 cited
  • 1971The Optimum Quantity of Money: and Other Essays1,208 cited
  • 1963Inflation and Real Interest720 cited
  • n.d.General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States.650 cited
  • 1956The Welfare Cost of Inflationary Finance495 cited
  • 1973Inflation in the Theory of Public Finance410 cited
  • 1956THE WELFARE COST OF INFLATIONARY FINANCE355 cited
  • 1979INFLATION IN THE THEORY OF PUBLIC FINANCE336 cited
  • 1974The Honest Government's Guide to the Revenue from the Creation of Money138 cited
  • 2013Inflation Targeting in a St. Louis Model of the 21st Century43 cited
  • 1976A note on the welfare cost of money creation24 cited
  • 1994On the welfare cost of inflation20 cited

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