On money and capital with durable goods

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 107
Issue: 1
Pages: 36-38

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

If expenditures on non-durables are more heavily financed with money than expenditures on durables then after an increase in the inflation rate there will be capital deccumulation followed by capital accumulation. Money is superneutral in the long run.

Technical Details

RePEc Handle
repec:eee:ecolet:v:107:y:2010:i:1:p:36-38
Journal Field
General
Author Count
2
Added to Database
2026-01-25