Why should central banks fight against inflation? To answer this question,
understanding the magnitude of welfare cost of inflation is important and
becomes an active research field. Economists always make some assumptions
to simplify the model from reality so that the model is tractable. But at the
same time, these simplifications may affect the clear view on the source of
inflation cost and affect the way to measure the cost of inflation. This book
analyzes the welfare cost of inflation in a general equilibrium framework that
takes into account more realistic factors in the real world, a...

Radionuclide and metal sorption on cement and concrete