Title:

Liquidity, Redistribution, and the Welfare Cost of Inflation

Authors:

Jonathan Chiu (Bank of Canada)
Miguel Molico (Bank of Canada)

Journal:

Journal of Monetary Economics

Year:

2010

Volume:

57

Pages:

428-438

JEL codes:

E21 - Macroeconomics: Consumption; Saving; Aggregate Physical and Financial Consumer Wealth
E31 - Price Level; Inflation; Deflation
E52 - Monetary Policy (Targets, Instruments, and Effects)