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

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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]
    The items in this collection are the scholarly output of the faculty, staff, and students of the Department of Economics.

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