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The inflation tax and the marginal welfare cost in a world of currency and deposits

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Author Info
Alvin L. Marty
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File URL: http://research.stlouisfed.org/publications/review/94/07/Inflation_Jul_Aug1994.pdf
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Article provided by Federal Reserve Bank of St. Louis in its journal Review.

Volume (Year): (1994)
Issue (Month): Jul ()
Pages: 67-71
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Handle: RePEc:fip:fedlrv:y:1994:i:jul:p:67-71

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Related research
Keywords: Inflation (Finance) ; Purchasing power;

References listed on IDEAS
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  1. Dwyer, Gerald Jr. & Saving, Thomas R., 1986. "Government revenue from money creation with government and private money," Journal of Monetary Economics, Elsevier, vol. 17(2), pages 239-249, March. [Downloadable!] (restricted)
  2. Friedman, Milton, 1971. "Government Revenue from Inflation," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 846-56, July-Aug.. [Downloadable!] (restricted)
  3. Ballard, Charles L & Shoven, John B & Whalley, John, 1985. "General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States," American Economic Review, American Economic Association, vol. 75(1), pages 128-38, March. [Downloadable!] (restricted)
  4. Marty, Alvin L., 1976. "A note on the welfare cost of money creation," Journal of Monetary Economics, Elsevier, vol. 2(1), pages 121-124, January. [Downloadable!] (restricted)
  5. Tatom, John A, 1979. "The Marginal Welfare Cost of the Revenue from Money Creation and the "Optimal" Rate of Inflation," The Manchester School of Economic & Social Studies, Blackwell Publishing, vol. 47(4), pages 359-68, December.
  6. Lucas, Robert Jr., 1986. "Principles of fiscal and monetary policy," Journal of Monetary Economics, Elsevier, vol. 17(1), pages 117-134, January. [Downloadable!] (restricted)
  7. Tower, Edward, 1971. "More on the Welfare Cost of Inflationary Finance," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 3(4), pages 850-60, November. [Downloadable!] (restricted)
  8. Auernheimer, Leonardo, 1974. "The Honest Government's Guide to the Revenue from the Creation of Money," Journal of Political Economy, University of Chicago Press, vol. 82(3), pages 598-606, May/June. [Downloadable!] (restricted)
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