Costs and Benefits of reducing the Inflation Rate in Costa Rica

<p>This paper identifies the cost in welfare terms of reducing the inflation leveland compares it with the expected benefits. The costs are measured followingthe consumer surplus approach for which a money demand function forCosta Rica is estimated. The benefits are estimated discounting the e...

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Bibliographic Details
Main Author: Jose Pablo Barquero Romero
Format: Article
Language:English
Published: Universidad Nacional, Costa Rica 2014-05-01
Series:Economía y Sociedad
Subjects:
Online Access:http://www.revistas.una.ac.cr/index.php/economia/article/view/6048