The Welfare Cost of Permanent Inflation and Optimal Short-Run Economic Policy

• 1 August 1979
• journal article
• Published by University of Chicago Press in Journal of Political Economy
• Vol. 87  (4) , 749-768
• https://doi.org/10.1086/260791

Abstract

Keywords

• RUN ECONOMIC
• PERMANENT INFLATION
• ECONOMIC POLICY
• WELFARE COST
• INFLATION AND OPTIMAL