Fiscal Revenue, Inflationary Finance and Growth /
This paper analyzes the optimal rate of monetary expansion when government resorts to inflationary finance to generate additional investment for enhancing growth. If there are lags in tax collection, an increase in inflation erodes real fiscal revenue, thereby worsening the current balance while red...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1992/023 |
| Online Erişim: | Full text available on IMF |