Title:

Uncertainty, Inflation, and Welfare

Authors:

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

Journal:

Journal of Money, Credit and Banking

Year:

2011

Volume:

43

Pages:

487-512

JEL codes:

C78 - Bargaining Theory; Matching Theory
D62 - Externalities
D81 - Criteria for Decision-Making under Risk and Uncertainty
E31 - Price Level; Inflation; Deflation
E41 - Demand for Money
E52 - Monetary Policy (Targets, Instruments, and Effects)