Government Spending and Inflationary Finance : A Public Finance Approach.

This paper analyzes the relationship between inflation tax and the level of government spending in a public finance context. The key feature of the model developed is that it recognizes the possibility that conventional taxes, such as the consumption tax, may carry increasing marginal collection cos...

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Համատեղ հեղինակ: International Monetary Fund
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 1988.
Շարք:IMF Working Papers; Working Paper ; No. 1988/098
Առցանց հասանելիություն:Full text available on IMF
LEADER 01724cas a2200241 a 4500
001 AALejournalIMF009970
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451949025 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund. 
245 1 0 |a Government Spending and Inflationary Finance :   |b A Public Finance Approach. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
300 |a 1 online resource (34 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyzes the relationship between inflation tax and the level of government spending in a public finance context. The key feature of the model developed is that it recognizes the possibility that conventional taxes, such as the consumption tax, may carry increasing marginal collection costs. As a result, and unlike previous findings in the literature, the inflation tax becomes an increasing function of government spending. Furthermore, the more inefficient the tax collection system, the larger the increase in the inflation tax for a given increase in government spending. A numerical analysis of the model provides additional insights into these relationships. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/098 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/098/001.1988.issue-098-en.xml  |z IMF e-Library