Open AccessInflation Stabilization and Welfare: The Case of a Distorted Steady State
Author(s) -
Pierpaolo Benigno,
Michael Woodford
Publication year - 2004
Language(s) - English
Resource type - Reports
DOI - 10.3386/w10838
Subject(s) - steady state (chemistry) , inflation (cosmology) , economics , welfare , keynesian economics , control theory (sociology) , monetary economics , econometrics , thermodynamics , physics , chemistry , theoretical physics , market economy , control (management) , management