Capital trading, stock trading, and the inflation tax on equity: a note
Scott Baier,
Charles Carlstrom,
Ralph Chami,
Thomas Cosimano (),
Timothy Fuerst and
Connel Fullenkamp ()
No 321, Working Papers (Old Series) from Federal Reserve Bank of Cleveland
Abstract:
The authors show that there is more responsiveness of consumption and output to changes in the money supply than exists in the standard neoclassical growth models.
Keywords: Capital; investments (search for similar items in EconPapers)
Date: 2003
New Economics Papers: this item is included in nep-fin and nep-mac
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Citations: View citations in EconPapers (2)
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Related works:
Journal Article: Capital Trading, Stock Trading, and the Inflation Tax on Equity: A Note (2003) 
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:0321
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DOI: 10.26509/frbc-wp-200321
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