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- W3125132692 abstract "In a monetary growth model, I show that average inflation inhibits growth while inflation volatility enhances it. The effect of nominal volatility on human capital accumulation depends on the response of money demand and the corresponding extent of transactions costs rather than from a direct, precautionary motive." @default.
- W3125132692 created "2021-02-01" @default.
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- W3125132692 date "2006-07-01" @default.
- W3125132692 modified "2023-09-27" @default.
- W3125132692 title "Inflation, Variability, and the Evolution of Human Capital in a Model with Transactions Costs" @default.
- W3125132692 hasPublicationYear "2006" @default.
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