Welfare Costs of Inflation in a Menu Cost Model
American Economic Review
vol. 98,
no. 2, May 2008
(pp. 438-43)
Citation
Burstein, Ariel, and Christian Hellwig. 2008. "Welfare Costs of Inflation in a Menu Cost Model." American Economic Review, 98 (2): 438-43. DOI: 10.1257/aer.98.2.438JEL Classification
- E31 Price Level; Inflation; Deflation
- L11 Production, Pricing, and Market Structure; Size Distribution of Firms