Markups, Trend positif d’inflation et Coûts en bien-être

Markups, positive inflation trend and welfare costs

James Wabenga Yango and J.Blaise Nlemfu Mukoko

MPRA Paper from University Library of Munich, Germany

Abstract: This work analyzes the implications of changing the parameters of Markups prices and wages, cost of welfare associated with a trend of inflation of 2 or 4 %. By using a New Keynesian model more comprehensive results show a relatively uniform low value of these parameters , gives costs well be quite modest. These costs are quite high conditionally the specific shock to investment compared to those generated by the shock neutral technology and the impact of monetary policy. Moreover, the costs of well be associated with an inflation trend starting from 2 to 4% , are much higher those associated with the trend of 0 to 2% .

Keywords: Markups; positive trend of inflation; welfare cost (search for similar items in EconPapers)
JEL-codes: E31 E32 (search for similar items in EconPapers)
Date: 2015-10, Revised 2016-02
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:71686

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