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Fiscal Revenue, Inflationary Finance and Growth

Fiscal Revenue, Inflationary Finance and Growth »

Source: Fiscal Revenue, Inflationary Finance and Growth

Volume/Issue: 1992/23

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1992

ISBN: 9781451921069

Keywords: inflation tax, effects of inflation, discount rate

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...

Fiscal Revenue, Inflationary Finance and Growth

Fiscal Revenue, Inflationary Finance and Growth »

Volume/Issue: 1992/23

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1992

DOI: http://dx.doi.org/10.5089/9781451921069.001

ISBN: 9781451921069

Keywords: inflation tax, effects of inflation, discount rate

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...