Money, inflation, and optimal economic growth

John Z. Drabicki; Akira Takayama

doi:10.1016/0165-1765(78)90118-0

Money, inflation, and optimal economic growth

John Z. Drabicki, Akira Takayama

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

Using a two-asset model of a growing competitive economy, it is shown that the optimal growth path can be achieved via a policy operating exclusively on the rate of growth of the money stock.

Original language	English (US)
Pages (from-to)	49-52
Number of pages	4
Journal	Economics Letters
Volume	1
Issue number	SUPPL. 1
DOIs	https://doi.org/10.1016/0165-1765(78)90118-0
State	Published - 1978

ASJC Scopus subject areas

Finance
Economics and Econometrics

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title = "Money, inflation, and optimal economic growth",

abstract = "Using a two-asset model of a growing competitive economy, it is shown that the optimal growth path can be achieved via a policy operating exclusively on the rate of growth of the money stock.",

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year = "1978",

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Money, inflation, and optimal economic growth

Abstract

ASJC Scopus subject areas

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