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Money demand and seignorage - maximizing inflation.

By: Easterly, William.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1992Subject(s): Inflation | Wages -- Money demand. -- Wages -- Money demandSummary: Argues that the elasticity of subsitution in transactions between money and bonds is a crucial determinant of the seignorage - maximising inflation rate and examines whether the semi-elasticity of money demand with inflation increases.
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