Browsing Department of Economics (MU) by Title "On the Use of the Inflation Tax when Non-Distortionary Taxes are Available"
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On the Use of the Inflation Tax when Non-Distortionary Taxes are Available
(Department of Economics, 2000)If a inflation tax base has been created via a fixed reserve requirement, will a benevolent government use the inflation tax as a (partial) source of revenue even though a non-distortionary revenue source is available? ...