Seigniorage and the welfare cost of inflation in Colombia

We compute both seigniorage rate and welfare cost of inflation rate in Colombia using a Sidrauski-type model in which preferences are separable functions of the service flows of non-durable goods and money holdings. The set of the estimated paramete

Detalles Bibliográficos
Autor Principal: López-Piñeros, Martha Rosalba
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2000
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5169