Seigniorage and the welfare cost of inflation in Colombia

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Borradores de Economía; No. 151
Date published
2000-07-10
Date of last update
2000-07-10
Author
López-Piñeros, Martha Rosalba
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
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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http://repositorio.banrep.gov.co/handle/20.500.12134/5169
http://hdl.handle.net/20.500.12134/5169
https://doi.org/10.32468/be.151
https://ideas.repec.org/p/bdr/borrec/151.html
https://ideas.repec.org/p/col/000094/003488.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit