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Seigniorage and the welfare cost of inflation in Colombia

  • López-Piñeros M
Ensayos sobre Política Económica (2001) (36) 115-131
DOI: 10.32468/espe.3903
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Abstract

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

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López-Piñeros, M. R. (2001). Seigniorage and the welfare cost of inflation in Colombia. Ensayos Sobre Política Económica, (36), 115–131. https://doi.org/10.32468/espe.3903

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