TY - JOUR AU - De Faro, Clovis PY - 1998/01/01 Y2 - 2024/03/29 TI - The effect of inflation on growth investments: A note JF - Estudios Económicos de El Colegio de México JA - EE VL - 13 IS - 1 SE - Articles DO - 10.24201/ee.v13i1.239 UR - https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/239 SP - 81-91 AB - <p>Motivated by the pioneering work of Brenner and Venetia (1983), henceforth designated as BV, a previous note that focused attention on the effect of taxation on the optimal duration of investments in a non-inflationary environment (de Faro, 1996), the present note is aimed at investigating the effects of inflation on the optimal duration of investments. Specifically, considering the no-reinvestment case only, our objective is to include in the analysis both a numerical illustration of the peculiar results of BV as well as indexation procedures that have been used in some high inflation economies.</p> ER -