Fiscal Revenue and Inflationary Finance:
This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase in inflation will result in a fall in real fiscal revenue because of collection lags, t...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1990
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 90/48 |
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| Zusammenfassung: | This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase in inflation will result in a fall in real fiscal revenue because of collection lags, thereby possibly widening the fiscal deficit. As such, attempts to generate resources to finance government expenditures via the inflation tax will involve a loss in other revenues, making this form of taxation even less desirable |
| Beschreibung: | 1 Online-Ressource (32 p) |
| ISBN: | 1451972180 9781451972184 |
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| index_date | 2024-07-03T20:13:16Z |
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| spelling | Choudhry, Nurun N. Verfasser aut Fiscal Revenue and Inflationary Finance Choudhry, Nurun N Washington, D.C International Monetary Fund 1990 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 90/48 This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase in inflation will result in a fall in real fiscal revenue because of collection lags, thereby possibly widening the fiscal deficit. As such, attempts to generate resources to finance government expenditures via the inflation tax will involve a loss in other revenues, making this form of taxation even less desirable Online-Ausg http://elibrary.imf.org/view/IMF001/02533-9781451972184/02533-9781451972184/02533-9781451972184.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Choudhry, Nurun N. Fiscal Revenue and Inflationary Finance |
| title | Fiscal Revenue and Inflationary Finance |
| title_auth | Fiscal Revenue and Inflationary Finance |
| title_exact_search | Fiscal Revenue and Inflationary Finance |
| title_exact_search_txtP | Fiscal Revenue and Inflationary Finance |
| title_full | Fiscal Revenue and Inflationary Finance Choudhry, Nurun N |
| title_fullStr | Fiscal Revenue and Inflationary Finance Choudhry, Nurun N |
| title_full_unstemmed | Fiscal Revenue and Inflationary Finance Choudhry, Nurun N |
| title_short | Fiscal Revenue and Inflationary Finance |
| title_sort | fiscal revenue and inflationary finance |
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