Demographics, redistribution, and optimal inflation [electronic resource] [electronic resource] / James Bullard, Carlos Garriga, and Christopher J. Waller.
"We study the interaction between population demographics, the desire for redistribution in the economy, and the optimal inflation rate in a deterministic economy with capital. The intergenerational redistribution tension is intrinsic in the general equilibrium life-cycle models we use. Young c...
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Online Access |
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| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Tokyo :
Institute for Monetary and Economic Studies, Bank of Japan,
[2012]
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| Series: | IMES discussion paper series ;
no. 2012-E-13. |
| Subjects: |