Government Revenue from Deficit Finance

The revenue-maximizing rate of inflation and the welfare cost associated with general deficit finance are evaluated and compared to those previously determined in studies of simple inflationary finance. The analysis demonstrates that simple inflationary finance is a special case of the general probl...

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Veröffentlicht in:	The Canadian journal of economics 1983-05, Vol.16 (2), p.264-274
1. Verfasser:	Cox, W. Michael
Format:	Artikel
Sprache:	eng
Schlagworte:	Budget deficits Cash Debt Debt financing Deficit financing Economic models Economic theory Finance Government bonds Inflation Inflation rates Investment return rates Maximization Public assistance programs Public debt Revenue
Online-Zugang:	Volltext
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