Money, capital and the Pigou effect

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 117
Issue: 1
Pages: 354-356

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The effect of inflation on the capital stock is considered in an overlapping generations framework with a Cash-in-Advance constraint on consumption expenditures. The adjustment mechanism underlying the model is that of a traditional model with the real balance effect on savings.

Technical Details

RePEc Handle
repec:eee:ecolet:v:117:y:2012:i:1:p:354-356
Journal Field
General
Author Count
1
Added to Database
2026-01-25