Durable Goods and Welfare Cost of Inflation
碩士 === 國立臺灣大學 === 經濟學研究所 === 97 === We study how durable goods affect the welfare cost of inflation in a Real Business Cycle model with cash-in-advance constraint. We modify the model of Cooley and Hansen (1989) to introduce consumption of durable goods into the model. We find that consumption of du...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/56186500278370676031 |