1.研讨论文：The optimal inflation rate under Schumpeterian growth (Journal of Monetary Economics. Koki Oikawa and Kozo Ueda. 2018)
2.主讲人
孙敏娴（中经管2021级博士生）
3.上期回顾
We went through the proofs of lemma 2-3 and proposition 1-3. Additionally, we introduced the concept of the firm distribution function, incorporating the heterogeneous pricing distribution. Furthermore, we deduced three distinct expressions for inflation and the real growth rate. Notably, we discovered that in the absence of menu costs, the nominal growth rate becomes zero and the real growth rate attains its maximum potential.
4.本期预告
We will delve into the social planner problem, and subsequently compare the welfare-maximizing inflation rate with the growth-maximizing inflation rate. Furthermore, we will analyze the quantitative impacts of inflation. Additionally, we will introduce an extended model that incorporates imitation.
5.时间&地点
3月16日14:00-17:00 学术会堂712
6.主持人/点评老师
王忏 明洋
7.活动对象
创新发展学院、金融学院学生
8.人数规模
30人
9.主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
