Money, growth and finite horizons

被引：0
|
作者：
Petrucci, A
机构：
[1] Univ Molise, Dept Econ, I-00162 Rome, Italy
[2] LUISS G Carli, I-00162 Rome, Italy
来源：
ECONOMICS LETTERS | 2005年 / 86卷 / 02期
关键词：
inflation; capital accumulation; labor supply; overlapping generations;
D O I：
10.1016/j.econlet.2004.06.019
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2004 Elsevier B.V. All rights reserved.
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页码：259 / 263
页数：5
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