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High Inflation: Resource Misallocations and Growth Effects

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  • Mariano Tommasi

    (UCLA)

Abstract

High inflation disrupts the organization of markets. This paper relates those “Industrial Organization” effects of inflation to the poor growth performance of high-inflation economies, in the context of a Schumpeterian growth model.
(This abstract was borrowed from another version of this item.)

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  • Mariano Tommasi, 1993. "High Inflation: Resource Misallocations and Growth Effects," UCLA Economics Working Papers 704, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:704
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    References listed on IDEAS

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    Cited by:

    1. De Gregorio, Jose & Sturzenegger, Federico, 1997. "Financial markets and inflation under imperfect information," Journal of Development Economics, Elsevier, vol. 54(1), pages 149-168, October.
    2. Jose De Gregorio & Federico Sturzenegger, 1994. "Credit Markets and the Welfare Costs of Inflation," NBER Working Papers 4873, National Bureau of Economic Research, Inc.
    3. Dabus, C. & Viego, V., 2003. "Inflación, Precios Relativos y Crecimiento: Evidencia de América Latina," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 21, pages 91-107, Abril.

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