The welfare cost of inflation in general equilibrium
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Cited by (0)
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We would like to thank William English, Jeffrey Lacker, Robert Lucas, Kevin Reffett, Thomas Sargent, the referee, seminar participants at Duke University, the Federal Reserve Bank of Richmond, and the Swiss National Bank, and participants at the Federal Reserve System Conference on Business and Financial Analysis, September 1993, for their helpful comments and suggestions. The opinions expressed herein are our own and do not necessarily reflect those of the Federal Reserve Bank of Richmond or the Federal Reserve System.
Copyright © 1996 Published by Elsevier B.V.