S. R. Aiyagari, Uninsured Idiosyncratic Risk and Aggregate Saving, The Quarterly Journal of Economics, vol.109, issue.3, pp.659-684, 1994.
DOI : 10.2307/2118417
URL : http://qje.oxfordjournals.org/cgi/content/short/109/3/659

A. Akyol, Optimal monetary policy in an economy with incomplete markets and idiosyncratic risk, Journal of Monetary Economics, vol.51, issue.6, pp.1245-1269, 2004.
DOI : 10.1016/j.jmoneco.2003.09.005

R. Barro, Inflation and economic growth, 1995.
DOI : 10.3386/w5326

T. Bewley, The optimum quantity of money, Models of Monetary Economies. Federal Reserve Bank of Mineapolis, pp.169-210, 1980.

T. Bewley, A Difficulty with the Optimum Quantity of Money, Econometrica, vol.51, issue.5, pp.1485-1504, 1983.
DOI : 10.2307/1912286

B. Rodriguez, S. Diaz-gimenez, J. Quadrini, V. Rios-rull, and J. V. , Updated facts on the U.S distribution of earnings, income and wealth, Federal Reserve Bank of Minneapolis Quarterly Review, vol.26, issue.3, pp.2-35, 2002.

J. Bullard and J. Keating, The long-run relationship between inflation and output in postwar economies, Journal of Monetary Economics, vol.36, issue.3, pp.477-496, 1995.
DOI : 10.1016/0304-3932(95)01227-3

C. Carroll, Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior, American Economic Review, vol.90, issue.2, pp.110-115, 2000.
DOI : 10.1257/aer.90.2.110

V. V. Chari, L. J. Christiano, and P. J. Kehoe, Optimality of the Friedman rule in economies with distorting taxes, Journal of Monetary Economics, vol.37, issue.2, pp.203-223, 1996.
DOI : 10.1016/S0304-3932(96)90034-3

V. V. Chari, P. J. Kehoe, and E. R. Mcgrattan, Sticky price models of the business cycle: Can the contract multiplier solve the persistence problem, Econometrica, vol.68, issue.5, pp.1151-1179, 2000.
DOI : 10.3386/w5809

T. Cooley, Frontiers of Business Cycle Research, 1995.

T. Cooley and G. Hansen, The Inflation Tax in a Real Business Cycle Model, American Economic Review, vol.79, issue.4, pp.733-748, 1989.
DOI : 10.4324/9780203070710.ch11

D. Domeij and J. Heathcote, On The Distributional Effects Of Reducing Capital Taxes*, International Economic Review, vol.3, issue.1, pp.523-554, 2004.
DOI : 10.1016/0304-3932(94)90021-3

A. Erosa and G. Ventura, On inflation as a regressive consumption tax, Journal of Monetary Economics, vol.49, issue.4, pp.761-795, 2002.
DOI : 10.1016/S0304-3932(02)00115-0

S. Fischer, Growth, Macroeconomics, and Development, NBER Macroeconomics Annual, pp.329-379, 1991.
DOI : 10.1086/654175

S. Fischer, The role of macroeconomic factors in growth, Journal of Monetary Economics, vol.32, issue.3, pp.485-512, 1993.
DOI : 10.1016/0304-3932(93)90027-D

M. Floden and J. Lindé, Idiosyncratic Risk in the United States and Sweden: Is There a Role for Government Insurance?, Review of Economic Dynamics, vol.4, issue.2, pp.406-437, 2001.
DOI : 10.1006/redy.2000.0121

J. M. Grandmont and Y. Younes, On the Efficiency of a Monetary Equilibrium, The Review of Economic Studies, vol.40, issue.2, pp.149-165, 1973.
DOI : 10.2307/2296645

J. Heathcote, Fiscal policy with heterogenous agents and incomplete markets, Review of Economic Studies, pp.161-188, 2005.
DOI : 10.1111/0034-6527.00328
URL : http://restud.oxfordjournals.org/cgi/content/short/72/1/161

J. Heathcote, K. Storesletten, and G. Violante, The Macroeconomic Implications of Rising Wage Inequality in the United States, Journal of Political Economy, vol.118, issue.4, 2005.
DOI : 10.1086/656632

B. Heer and A. Maussner, The burden of unanticipated inflation: Analysis of an overlapping generations model with progressive income taxation and staggered prices, 2007.

D. L. Hoffman, R. H. Rasche, and M. A. Tieslau, The stability of long-run money demand in five industrial countries, Journal of Monetary Economics, vol.35, issue.2, pp.317-339, 1995.
DOI : 10.1016/0304-3932(95)01189-U

J. A. Holman, GMM Estimation of a Money-in-the-Utility-Function Model: The Implications of Functional Forms, Journal of Money, Credit and Banking, vol.30, issue.4, pp.679-698, 1998.
DOI : 10.2307/2601124

G. Hubbard, J. Skinner, and S. Zeldes, Precautionary Saving and Social Insurance, Journal of Political Economy, vol.103, issue.2, pp.360-399, 1995.
DOI : 10.1086/261987

M. Huggett, The risk-free rate in heterogeneous-agent incomplete-insurance economies, Journal of Economic Dynamics and Control, vol.17, issue.5-6, pp.953-969, 1993.
DOI : 10.1016/0165-1889(93)90024-M

A. Imrohoroglu, The welfare cost of inflation under imperfect insurance, Journal of Economic Dynamics and Control, vol.16, issue.1, pp.79-91, 1992.
DOI : 10.1016/0165-1889(92)90006-Z

T. Jappelli, Who is Credit Constrained in the U. S. Economy?, The Quarterly Journal of Economics, vol.105, issue.1, pp.219-234, 1990.
DOI : 10.2307/2937826

T. J. Kehoe and D. K. Levine, Liquidity Constrained Markets Versus Debt Constrained Markets, Econometrica, vol.69, issue.3, pp.575-598, 2001.
DOI : 10.1111/1468-0262.00206
URL : http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.195.2938

T. J. Kehoe, D. K. Levine, and M. Woodford, The optimum quantity of money revisited, Economic Analysis of Markets and Games, pp.501-526, 1992.

M. Khan, S. Abdelhak, and S. Bruce, Inflation and financial depth, Macroeconomic Dynamics, vol.10, issue.02, pp.165-182, 2006.

R. Kormendi and P. Meguire, Macroeconomic determinants of growth: Cross-country evidence, Journal of Monetary Economics, vol.16, issue.2, pp.141-163, 1985.
DOI : 10.1016/0304-3932(85)90027-3

D. Krueger and F. Perri, in press. Does income inequality lead to consumption inequality? Evidence and theory, Review of Economic Studies

P. Krusell and A. A. Smith, Income and Wealth Heterogeneity in the Macroeconomy, Journal of Political Economy, vol.106, issue.5, pp.867-896, 1998.
DOI : 10.1086/250034

N. Loayza, K. Schmidt-hebbel, and L. Servén, What Drives Private Saving Across the World?, Review of Economics and Statistics, vol.3, issue.2, pp.165-181, 2000.
DOI : 10.2307/1392488

E. S. Phelps, Inflation in the Theory of Public Finance, The Swedish Journal of Economics, vol.75, issue.1, pp.67-82, 1973.
DOI : 10.2307/3439275

V. Quadrini, Entrepreneurship, Saving, and Social Mobility, Review of Economic Dynamics, vol.3, issue.1, pp.1-40, 2000.
DOI : 10.1006/redy.1999.0077

N. Roubini and X. Sala-i-martin, A growth model of inflation, tax evasion, and financial repression, Journal of Monetary Economics, vol.35, issue.2, pp.275-301, 1995.
DOI : 10.1016/0304-3932(95)01192-Q

J. A. Scheinkman and L. Weiss, Borrowing Constraints and Aggregate Economic Activity, Econometrica, vol.54, issue.1, pp.23-45, 1986.
DOI : 10.2307/1914155

S. Shi, Search, inflation and capital accumulation, Journal of Monetary Economics, vol.44, issue.1, pp.81-103, 1999.
DOI : 10.1016/S0304-3932(99)00016-1

M. Sidrauski, Rational choice and patterns of growth in a monetary economy, American Economic Review, vol.57, issue.2, pp.534-544, 1967.

J. Tobin, Money and Economic Growth, Econometrica, vol.33, issue.4, pp.671-684, 1965.
DOI : 10.2307/1910352

P. Weil, Is Money Net Wealth?, International Economic Review, vol.32, issue.1, pp.37-53, 1991.
DOI : 10.2307/2526930

L. Weiss, The Effects of Money Supply on Economic Welfare in the Steady State, Econometrica, vol.48, issue.3, pp.565-576, 1980.
DOI : 10.2307/1913123

E. Wolff, Recent trends in wealth ownership, 1983.

E. Wolff, Recent Trends in Household Wealth in the United States: Rising Debt and the Middle-Class Squeeze, SSRN Electronic Journal, issue.300, 2007.
DOI : 10.2139/ssrn.991901

M. Woodford, Public debt as private liquidity, American Economic Review, vol.80, issue.2, pp.382-388, 1990.