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...

Повний опис

Бібліографічні деталі
Автор: Choudhry, Nurun
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1990.
Серія:IMF Working Papers; Working Paper ; No. 1990/048
Онлайн доступ:Full text available on IMF