Optimal Taxation Policies in the EMS : A Two-Country Model of Public Finance.

This paper analyzes, in a public finance context, how the optimal use of the inflation and the consumption tax is affected by incorporating into the model constraints on policy decisions that are likely to develop in the context of the EMS by 1992. Two main questions are addressed: first, how the co...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1989.
Series:IMF Working Papers; Working Paper ; No. 1989/040
Online Access:Full text available on IMF