Inflation and Welfare: An Application to Chile

Carlos Fernández

Latin American Journal of Economics-formerly Cuadernos de Economía, 1999, vol. 36, issue 107, 519-544

Abstract: This paper develops a monetary endogenous growth model where money is no longer superneutral. Economic growth is propelled by the accumulation of human capital and money enters into the optimization problem of the individual through a shopping-time techno

Keywords: Endogenous growth model; human capital; shopping-time technology; welfare (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:36:y:1999:i:107:p:519-544

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