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The costs of inflation revisited

  • Samantha Johnson

    (Reserve Bank of New Zealand)

Registered author(s):

    A comprehensive survey of the many costs of inflation that have been identified in the economic literature.

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    File URL: http://www.rbnz.govt.nz/research_and_publications/reserve_bank_bulletin/1993/1993mar56_1Johnson.pdf
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    Article provided by Reserve Bank of New Zealand in its journal Reserve Bank of New Zealand Bulletin.

    Volume (Year): 56 (1993)
    Issue (Month): (March)
    Pages:

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    Handle: RePEc:nzb:nzbbul:march1993:1
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    1. Cooley, T.F. & Hansen, G.D., 1988. "The Inflation Tax In A Real Business Cycle Model," RCER Working Papers 155, University of Rochester - Center for Economic Research (RCER).
    2. S. Rao Aiyagari, 1990. "Deflating the case for zero inflation," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 2-11.
    3. Robert J. Barro, 1979. "A Capital Market In an Equilibrium Business Cycle Model," NBER Working Papers 0326, National Bureau of Economic Research, Inc.
    4. Cooley, Thomas F & Hansen, Gary D, 1991. "The Welfare Costs of Moderate Inflations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 483-503, August.
    5. David Carey, 1989. "Inflation and the tax system," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 52, march.
    6. J. Bradford DeLong & Lawrence H. Summers, 1992. "Macroeconomic policy and long-run growth," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 5-29.
    7. Jose De Gregorio, 1991. "Welfare Costs of Inflation, Seigniorage, and Financial innovation," IMF Working Papers 91/1, International Monetary Fund.
    8. De Gregorio, Jose, 1992. "The effects of inflation on economic growth : Lessons from Latin America," European Economic Review, Elsevier, vol. 36(2-3), pages 417-425, April.
    9. Holland, A Steven, 1986. "Wage Indexation and the Effect of Inflation Uncertainty on Employment:An Empirical Analysis," American Economic Review, American Economic Association, vol. 76(1), pages 235-43, March.
    10. William T. Gavin & Alan C. Stockman, 1988. "The case for zero inflation," Economic Commentary, Federal Reserve Bank of Cleveland, issue Sep.
    11. Robert T. Parry, 1990. "Price level stability," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar2.
    12. Ball, Laurence, 1992. "Why does high inflation raise inflation uncertainty?," Journal of Monetary Economics, Elsevier, vol. 29(3), pages 371-388, June.
    13. Jeffrey J. Hallman, 1992. "Uncertain inflation and price-level rules," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jan.
    14. W. Lee Hoskins, 1991. "Defending zero inflation: all for naught," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    15. Robert J. Barro & Paul M. Romer, 1991. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr91-1, December.
      • Robert J. Barro & Paul Romer, 1993. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr93-1, December.
    16. Laurence Ball, 1990. "Credible Disinflation with Staggered Price Setting," NBER Working Papers 3555, National Bureau of Economic Research, Inc.
    17. W. Lee Hoskins, 1991. "Defending zero inflation: all for naught," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Spr, pages 16-20.
    18. S. Rao Aiyagari, 1991. "Response to a defense of zero inflation," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Spr, pages 21-24.
    19. A. Steven Holland, 1984. "Does higher inflation lead to more uncertain inflation?," Review, Federal Reserve Bank of St. Louis, issue Feb, pages 15-26.
    20. Laurence Ball & Stephen G. Cecchetti, 1990. "Inflation and Uncertainty at Long and Short Horizons," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(1), pages 215-254.
    21. Laurence Ball & N. Gregory Mankiw & David Romer, 1988. "The New Keynsesian Economics and the Output-Inflation Trade-off," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(1), pages 1-82.
    22. Gillman, Max, 1993. "The welfare cost of inflation in a cash-in-advance economy with costly credit," Journal of Monetary Economics, Elsevier, vol. 31(1), pages 97-115, February.
    23. Mizon, Grayham E, 1991. " Modelling Relative Price Variability and Aggregate Inflation in the United Kingdom," Scandinavian Journal of Economics, Wiley Blackwell, vol. 93(2), pages 189-211.
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