'Shoe-leather' costs of inflation: some estimates for Brazil
In this article we estimate the 'shoe-leather' costs of inflation in Brazil, which are obtained by calculating the area underneath the demand for money. Two specifications were used for the demand for money, namely, the log-log model and the semi-log model. As the demand for money became...
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2003-06-01
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| Series: | Economia Aplicada |
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| Online Access: | https://www.revistas.usp.br/ecoa/article/view/220206 |