O custo de bem-estar da inflação: cálculo tentativo com o uso de um modelo de equilíbrio geral

Abstract

Resumo PalavRas-chave custo de bem-estar da inflação, senhoriagem, modelo de equilíbrio geral. abstRact The welfare cost of inflation has been calculated using either a Partial Equilibrium approach or a General Equilibrium approach. Although the latter can be considered analytically superior generally producing higher results than those obtained by a Partial Equilibrium analysis -for instance, Dotsey and Ireland (1996) for the USA, and Yoshino, 2002, for Brazil), there are also many cases in which the results are comparable with the two approaches -see, for instance, Rossi (2003) using Partial Equilibrium against Polato e Fava andRocha (2003)