Gillman, Max; Kejak, Michal - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2009
. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the … in long run evidence tend to be
negatively affected by inflation. Theoretically, inflation acts as a human capital tax … negatively a�ected by in�ation. Theoretically, in�ation
acts as a human capital tax that decreases output growth and the real …