Money, Growth and Finite Horizons
Petrucci, Alberto (2004) Money, Growth and Finite Horizons. [Working Paper]. p. 9. Economics & Statistics Discussion Papers (No. 18/04).
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Abstract/Index
The implications of endogenous labor supply for money superneutrality in OLG economies are analyzed. Inflation increases capital and output, while it affects labor ambiguously in a closed economy. Inflation reduces capital and output, but stimulates wealth in an open economy.
| Item Type: | Report / Paper (Working Paper) |
|---|---|
| Research documents and activity classification: | Working Papers > Refereed Working Papers / of international relevance |
| Divisions: | Department of Business and Management |
| Additional Information: | The definitive version of the paper has been published in "Economics Letters", Vol. 86 (2), Pages 259-263, February 2005. |
| Uncontrolled Keywords: | Inflation; Capital accumulation; Labor supply; Overlapping generations. |
| MIUR Scientific Area: | Area 13 - Economics and Statistics > SECS-P/01 Political Economy |
| Deposited By: | Maria Teresa Nistico |
| Deposited On: | 13 Dec 2010 15:31 |
| Last Modified: | 03 May 2013 21:39 |
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