Substantial changes in price inflation rate have serious economic consequences on the welfare of consumers in an economy but the issue has not, thoroughly, been reckoned in Pakistan. The study aims at assessing the nature and extent of welfare cost of inflation (WCI), employing well-established...

Substantial changes in price inflation rate have serious economic consequences on the welfare of consumers in an economy but the issue has not, thoroughly, been reckoned in Pakistan. The study aims at assessing the nature and extent of welfare cost of inflation (WCI), employing well-established...