The dynamic relationship between inflation and output growth in a cash-constrained economy

Chia Hui Lu, Been Lon Chen, Mei Hsu

研究成果: 雜誌貢獻文章

1 引文 斯高帕斯(Scopus)

摘要

This paper studies the dynamic relationship between inflation and output growth in neoclassical growth models with endogenous cash constraints. We show this dynamic relationship is negative if the degree of cash constraints on investment is smaller than the degree of cash constraints on consumption but is positive if otherwise.

原文英語
文章編號15
期刊B.E. Journal of Macroeconomics
11
發行號1
DOIs
出版狀態已發佈 - 2011 一月 1
對外發佈Yes

ASJC Scopus subject areas

  • Economics and Econometrics

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