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- 2002433891 contributor B9394968.
- 2002433891 contributor B9394969.
- 2002433891 created "[2000]".
- 2002433891 date "2000".
- 2002433891 date "[2000]".
- 2002433891 dateCopyrighted "[2000]".
- 2002433891 description "Includes bibliographical references (p. 107-113).".
- 2002433891 description "Machine generated contents note: INTRODUCTION 9 -- I. THE COSTS OF INFLATION: THEORY AND EVIDENCE 13 -- I.1. Theoretical considerations 13 -- I.2. International evidence 18 -- I.2.1. Model-based estimates of the welfare costs of inflation 18 -- I.2.2. Econometric estimates of the overall impact of inflation on economic activity 19 -- I.3. Inflation and growth in the OECD: Descriptive statistics 26 --II. THE COSTS OF INFLATION IN CONVERGENCE EQUATIONS 35 -- II.1. Theoretical framework: The effect of inflation in convergence equations 36 -- II.2. Estimation of the effect of inflation: main results 39 -- II.3. Country-specific effects and the cost of inflation 43 -- II.4. Causality analysis 50 -- II.5. The role of the financial system in the growth-inflation link 57 -- II.5.1. Theoretical and empirical backgrounds 59 -- II.5.2. Indicators of financial development 61 -- II.5.3. Results 66 -- II.6. Concluding remarks 70 --III. THE DYNAMIC EFFECTS OF PERMANENT DISINFLATIONS 73 -- III.1. The analysis of the long-run effects of disinflations: a SVAR approach 74 -- III.2. Inflation, output and unemployment 76 -- III.2.1. The model 76 -- III.2.2. Alternative Identifying restrictions 79 -- III.3. The disinflation in Spain: 1976-1996 81 -- III.4. International Evidence 85 -- III.5. Concluding remarks 90 -- Appendix III.1. Econometric setup 92 -- CONCLUSIONS 105.".
- 2002433891 extent "113 p. :".
- 2002433891 identifier "8477937176 (pbk.)".
- 2002433891 identifier 2002433891.html.
- 2002433891 isPartOf "Estudios económicos (Banco de España. Servicio de Estudios) ; no. 69.".
- 2002433891 isPartOf "Estudios económicos, 0213-2699 ; no. 69".
- 2002433891 issued "2000".
- 2002433891 issued "[2000]".
- 2002433891 language "eng".
- 2002433891 publisher "[Madrid?] : Banco de España, Servicio de Estudios,".
- 2002433891 subject "HG229 .A597 2000".
- 2002433891 subject "Inflation (Finance)".
- 2002433891 subject "Prices.".
- 2002433891 tableOfContents "Machine generated contents note: INTRODUCTION 9 -- I. THE COSTS OF INFLATION: THEORY AND EVIDENCE 13 -- I.1. Theoretical considerations 13 -- I.2. International evidence 18 -- I.2.1. Model-based estimates of the welfare costs of inflation 18 -- I.2.2. Econometric estimates of the overall impact of inflation on economic activity 19 -- I.3. Inflation and growth in the OECD: Descriptive statistics 26 --II. THE COSTS OF INFLATION IN CONVERGENCE EQUATIONS 35 -- II.1. Theoretical framework: The effect of inflation in convergence equations 36 -- II.2. Estimation of the effect of inflation: main results 39 -- II.3. Country-specific effects and the cost of inflation 43 -- II.4. Causality analysis 50 -- II.5. The role of the financial system in the growth-inflation link 57 -- II.5.1. Theoretical and empirical backgrounds 59 -- II.5.2. Indicators of financial development 61 -- II.5.3. Results 66 -- II.6. Concluding remarks 70 --III. THE DYNAMIC EFFECTS OF PERMANENT DISINFLATIONS 73 -- III.1. The analysis of the long-run effects of disinflations: a SVAR approach 74 -- III.2. Inflation, output and unemployment 76 -- III.2.1. The model 76 -- III.2.2. Alternative Identifying restrictions 79 -- III.3. The disinflation in Spain: 1976-1996 81 -- III.4. International Evidence 85 -- III.5. Concluding remarks 90 -- Appendix III.1. Econometric setup 92 -- CONCLUSIONS 105.".
- 2002433891 title "Assessing the benefits of price stability : the international experience / Javier Andrés, Ignacio Hernando, and J. David López-Salido.".
- 2002433891 type "text".