inflation on interest rates and the allocation of real capital. The model allocates a fixed private capital stock among various … versus renting. The interest rate adjusts in response to tax/inflation changes so as to maintain the aggregate demand for … tax regimes at different inflation rates …

housing demand during a period of accelerating inflation (l965_71l). We calculate that typical households who bought houses …

inflation rate, with and with- out an increase in the risk premium on equities, was then simulated with a number of model … cost was 3 percentage points less than that for corporate capital) and the manner in which inflation magnifies it (the … finance instruments would overcome this reallocation but at the expense of corporate capital. Only a reduction in inflation or …

substantial variations in inflation and resource utilization during the past half century. This paper contains an examination of … the relationships among these security returns and an analysis of the effects of inflation and resource utilization on the … returns on bonds relative to Treasury bills. Because bond rates have risen with (unexpected) inflation during the last fifteen …

This paper examines the effects of inflation on the allocation of resources between residential and nonresidential uses … the contributions of fixed-rate mortgages and differences in relative inflation rates to extraordinary earned real returns …