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Monetary Aggregation, Inflation, and Welfare

In: Money And The Economy

Author

Listed:
  • Apostolos Serletis

    (University of Calgary, Canada)

  • Jagat Jit Virk

Abstract

The following sections are included:IntroductionTheoretical FoundationsThe Consumer Surplus ApproachThe Compensating Variation ApproachThe Demand for MoneyThe Empirical EvidenceConclusion

Suggested Citation

  • Apostolos Serletis & Jagat Jit Virk, 2006. "Monetary Aggregation, Inflation, and Welfare," World Scientific Book Chapters, in: Money And The Economy, chapter 5, pages 98-116, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812773500_0005
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    Cited by:

    1. Kazem Yavari & Apostolos Serletis, 2011. "Inflation and Welfare in Latin America," Open Economies Review, Springer, vol. 22(1), pages 39-52, February.
    2. Rubens Penha Cysne, 2009. "Bailey's Measure of the Welfare Costs of Inflation as a General-Equilibrium Measure," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2-3), pages 451-459, March.

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