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Transaction costs for investment
The growth effect of inflation in the different variants
2 other sections not shown
allocation Badia Fiesolana basic model capita growth rate capital and financial constant in steady consumer's convex function cost of holding costs on investment Development and Inflation dr/dB economic growth effect of financial effect of inflation empirical regularities endogenous growth theory European University Institute extension financial development financial liberalization financial repression financial sector financial superstructure Fischer growth and inflation growth effect holding money imply increase Inflation May Affect inflation on growth inflation rates investment purchases Kalman Filter marginal product marginal return Markets ECO Model ECO model of endogenous money demand nominal interest rate opportunity cost order conditions parameter values physical capital price of capital production of financial productivity of capital rate of inflation real balances real interest rate real money real resources rental price role of money Roubini and Sala-I-Martin sector model Series ECO shadow price superneutral Taking the total technological parameters total derivative transaction costs variables yields