'Shoe-leather' costs of inflation: some estimates for Brazil
Autor(a) principal: | |
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Data de Publicação: | 2003 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Economia Aplicada |
Texto Completo: | https://www.revistas.usp.br/ecoa/article/view/220206 |
Resumo: | 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 too unstable in recent years, it was estimated with quarterly data for the period 1966-1985. Our results were then compared with those obtained by other authors using similar or distinct methodologies for either Brazil or the United States and the United Kingdom. |
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Economia Aplicada |
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'Shoe-leather' costs of inflation: some estimates for Brazilshoe-leather costswelfare costcost of inflationIn 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 too unstable in recent years, it was estimated with quarterly data for the period 1966-1985. Our results were then compared with those obtained by other authors using similar or distinct methodologies for either Brazil or the United States and the United Kingdom.Universidade de São Paulo, FEA-RP/USP2003-06-18info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/22020610.11606/1413-8050/ea220206Economia Aplicada; Vol. 7 Núm. 3 (2003); 439-459Economia Aplicada; Vol. 7 No. 3 (2003); 439-459Economia Aplicada; v. 7 n. 3 (2003); 439-4591980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPenghttps://www.revistas.usp.br/ecoa/article/view/220206/201036Copyright (c) 2003 Economia Aplicadahttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessRossi, Jose W. 2023-12-13T12:39:01Zoai:revistas.usp.br:article/220206Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-12-13T12:39:01Economia Aplicada - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
'Shoe-leather' costs of inflation: some estimates for Brazil |
title |
'Shoe-leather' costs of inflation: some estimates for Brazil |
spellingShingle |
'Shoe-leather' costs of inflation: some estimates for Brazil Rossi, Jose W. shoe-leather costs welfare cost cost of inflation |
title_short |
'Shoe-leather' costs of inflation: some estimates for Brazil |
title_full |
'Shoe-leather' costs of inflation: some estimates for Brazil |
title_fullStr |
'Shoe-leather' costs of inflation: some estimates for Brazil |
title_full_unstemmed |
'Shoe-leather' costs of inflation: some estimates for Brazil |
title_sort |
'Shoe-leather' costs of inflation: some estimates for Brazil |
author |
Rossi, Jose W. |
author_facet |
Rossi, Jose W. |
author_role |
author |
dc.contributor.author.fl_str_mv |
Rossi, Jose W. |
dc.subject.por.fl_str_mv |
shoe-leather costs welfare cost cost of inflation |
topic |
shoe-leather costs welfare cost cost of inflation |
description |
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 too unstable in recent years, it was estimated with quarterly data for the period 1966-1985. Our results were then compared with those obtained by other authors using similar or distinct methodologies for either Brazil or the United States and the United Kingdom. |
publishDate |
2003 |
dc.date.none.fl_str_mv |
2003-06-18 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://www.revistas.usp.br/ecoa/article/view/220206 10.11606/1413-8050/ea220206 |
url |
https://www.revistas.usp.br/ecoa/article/view/220206 |
identifier_str_mv |
10.11606/1413-8050/ea220206 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/ecoa/article/view/220206/201036 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2003 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2003 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
dc.source.none.fl_str_mv |
Economia Aplicada; Vol. 7 Núm. 3 (2003); 439-459 Economia Aplicada; Vol. 7 No. 3 (2003); 439-459 Economia Aplicada; v. 7 n. 3 (2003); 439-459 1980-5330 1413-8050 reponame:Economia Aplicada instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Economia Aplicada |
collection |
Economia Aplicada |
repository.name.fl_str_mv |
Economia Aplicada - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
||revecap@usp.br |
_version_ |
1800221693622353920 |