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Welfare Cost of (Low) Inflation

Welfare Cost of (Low) Inflation »

Source: Welfare Cost of (Low) Inflation : A General Equilibrium Perspective

Volume/Issue: 1998/111

Series: IMF Working Papers

Author(s): Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

ISBN: 9781451853445

Keywords: taxation, welfare, general equilibrium, money stock, real money, money balances, money demand

This paper provides general equilibrium estimates of the steady-state welfare gains of lowering inflation from a low level to close to price stability, using an overlapping-generations growth model. Money demand is...

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy »

Source: Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy : What Do the Data Say?

Volume/Issue: 2013/195

Series: IMF Working Papers

Author(s): Jaejoon Woo , Elva Bova , Tidiane Kinda , and Yuanyan Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2013

ISBN: 9781484390917

Keywords: Inequality, Gini Coefficient, Tax and Spending policy, gini, income distribution, world income inequality, dependent variable, General, Equity, Justice

The 2007-09 Great Recession has led to an unprecedented increase in public debt in many countries, triggering substantial fiscal adjustments. What are the distributional consequences of fiscal austerity measures? T...

Welfare Cost of (Low) Inflation
			: A General Equilibrium Perspective

Welfare Cost of (Low) Inflation : A General Equilibrium Perspective »

Volume/Issue: 1998/111

Series: IMF Working Papers

Author(s): Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

DOI: http://dx.doi.org/10.5089/9781451853445.001

ISBN: 9781451853445

Keywords: taxation, welfare, general equilibrium, money stock, real money, money balances, money demand

This paper provides general equilibrium estimates of the steady-state welfare gains of lowering inflation from a low level to close to price stability, using an overlapping-generations growth model. Money demand is...

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy
			: What Do the Data Say?

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy : What Do the Data Say? »

Volume/Issue: 2013/195

Series: IMF Working Papers

Author(s): Jaejoon Woo , Elva Bova , Tidiane Kinda , and Yuanyan Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2013

DOI: http://dx.doi.org/10.5089/9781484390917.001

ISBN: 9781484390917

Keywords: Inequality, Gini Coefficient, Tax and Spending policy, gini, income distribution, world income inequality, dependent variable, General, Equity, Justice

The 2007-09 Great Recession has led to an unprecedented increase in public debt in many countries, triggering substantial fiscal adjustments. What are the distributional consequences of fiscal austerity measures? T...