The Optimum Quantity of Money: Theory and Evidence
收藏NBER1997-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5954
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资源简介:
In this paper we propose a simple and general model for computing the Ramsey optimal inflation tax, which includes several models from the previous literature as special cases. We show that it cannot be claimed that the Friedman rule is always optimal (or always non-optimal) on theoretical grounds.
提供机构:
美国国家经济研究局
创建时间:
1997-03-01



