Towards An Understanding of the Real Effects and Costs of Inflation
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The organization of the paper is simple. We start by examining the real effects of anticipated inflation in an economy that has fully adapted to inflation. In particular, in this economy: (i) public institutions are fully attuned to inflation (or inflation proof), (ii) the same is true of private
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美国国家经济研究局创建时间:
1978-11-01



