Inflation and Efficiency in Search Markets
- 1 April 1992
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 59 (2) , 299-329
- https://doi.org/10.2307/2297956
Abstract
This paper examines how inflation affects efficiency and output in monopolistically competitive search markets. It formalizes the conventional wisdomKeywords
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