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Inflation and the Capital Stock

Mark Crosby () and G. Otto

Working Papers from New South Wales - School of Economics

Abstract: There is a long literature examining the theoretical relationships between the rate of inflation and the size of the capital stock in an economy. This literature has produced varied predictions about the effects of inflation on the capital stock. In this paper, we present some new empirical evidence on this issue.

Keywords: INFLATION; CAPITAL; PRICES; INVESTMENTS (search for similar items in EconPapers)
JEL-codes: E20 E22 E30 E31 (search for similar items in EconPapers)
Date: 1996
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Journal Article: Inflation and the Capital Stock (2000)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:nesowa:96/12

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