Title of article
Money, growth and finite horizons
Author/Authors
Alberto Petrucci، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
5
From page
259
To page
263
Abstract
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.
Keywords
Inflation , labor supply , Overlapping generations , Capital accumulation
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435600
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