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Consideration of the Welfare Cost of Inflation with General Equilibrium Model Approach

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  • Gudarzi Farahani, Yazdan
  • Moshtaridoust, Shiva
  • Varmazyari, Behzad

Abstract

In this paper we studied the welfare cost of inflation. Therefore، to meet this end، we use a three section new Keynesian model of the dynamic Stochastic General equilibrium. Inflation is a complex phenomenon that has destructive effects on society. In this model we aim to solve linear log and non linear

Suggested Citation

  • Gudarzi Farahani, Yazdan & Moshtaridoust, Shiva & Varmazyari, Behzad, 2011. "Consideration of the Welfare Cost of Inflation with General Equilibrium Model Approach," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 3(8), pages 87-120, September.
  • Handle: RePEc:mbr:jmbres:v:3:y:2011:i:8:p:87-120
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