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- W1971627082 abstract "Abstract This paper reexamines monetary non-superneutrality and the optimality of the optimum quantity of money in the money-in-utility Sidrauski model with endogenous fluctuations of the time preference by introducing inflation aversion. It is shown that the long-run superneutrality of the standard Sidrauski model does not hold, and Friedman's optimum quantity of money is not optimal." @default.
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- W1971627082 date "2011-07-01" @default.
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- W1971627082 title "Inflation aversion and macroeconomic policy in a perfect foresight monetary model" @default.
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- W1971627082 doi "https://doi.org/10.1016/j.econmod.2011.03.002" @default.
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