Inflation and Economic Growth

@article{Sidrauski1967InflationAE,
  title={Inflation and Economic Growth},
  author={Miguel Sidrauski},
  journal={Journal of Political Economy},
  year={1967},
  volume={75},
  pages={796 - 810}
}
ESPITE the large volume of recent Th literature on economic growth, little has been done to integrate monetary factors in the explanation of the growth process. Most of the growth models are "real" models, in the sense that they manage to ignore the monetary structure of the economy and focus only on real variables. The construction of these kinds of non-monetary models is completely justified if one is able to show that the monetary structure has no effect on the real variables of the system… 
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