عنوان مقاله English
نویسنده English
This study examines the outcomes of deleting interest of deposits in banking system
on welfare cost of inflation. Using neoclassical approach and dynamic optimization,
shows that interest-free banking not only leads to zero welfare cost of inflation, but
also is consistent with Friedman\'s rule about optimum quantity of money.
کلیدواژهها English
| تعداد مشاهده مقاله | 3,193 |
| تعداد دریافت فایل اصل مقاله | 2,055 |