Inflation and the Informativeness of Prices
收藏NBER1993-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4267
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资源简介：
This paper studies the welfare effects of the relative price variability arising from inflation. When agents interact in anonymous markets, with customers buying from new suppliers each period, relative price variability benefits customers and cannot harm suppliers substantially. But if customers
提供机构：
美国国家经济研究局
创建时间：
1993-01-01
