The Optimal Collection of Seigniorage: Theory and Evidence
收藏NBER1987-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2270
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资源简介：
This paper presents and tests a positive theory of monetary and fiscal policy. The government chooses the rates of taxation and inflation to minimize the present value of the social cost of raising revenue given exogenous expenditure and an intertemporal budget constraint. The theory implies that
提供机构：
美国国家经济研究局
创建时间：
1987-05-01
