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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
Please use this identifier to cite or link to this item: http://hdl.handle.net/10355/2747
| Title: | On the Use of the Inflation Tax when Non-Distortionary Taxes are Available |
| Author: | Bhattacharya, Joydeep; Haslag, Joseph H. |
| Keywords: |
inflation
taxes revenue source |
| Date: | 2000-09-04 |
| Publisher: | Department of Economics |
| Citation: | Department of Economics, 2000 |
| Series/Report no.: | Working papers (Department of Economics);WP 00-07 |
| Abstract: | 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? Using a simple overlapping generations model with return dominated money, we show that the answer can be yes. |
| URI: | http://hdl.handle.net/10355/2747 |
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Economics publications (MU) [120]
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