Browsing by Title "Two additions to Lucas's 'inflation and welfare'"

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    • Two additions to Lucas's 'inflation and welfare' 

      Cysne, Rubens Penha
      2004-04-01
      This work adds to Lucas (2000) by providing analytical solutions to two problems that are solved only numerically by the author. The first part uses a theorem in control theory (Arrow' s sufficiency theorem) to provide ...