Fiscal Revenue and Inflationary Finance /
This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase in inflation will result in a fall in real fiscal revenue because of collection lags, t...
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| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1990/048 |
| Länkar: | Full text available on IMF |