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Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis

In: Financial Policies and the World Capital Market: The Problem of Latin American Countries

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  • Stanley Fischer

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  • Stanley Fischer, 1983. "Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis," NBER Chapters, in: Financial Policies and the World Capital Market: The Problem of Latin American Countries, pages 59-70, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:11187
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    References listed on IDEAS

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    1. Fischer, Stanley, 1972. "Money, income, wealth, and welfare," Journal of Economic Theory, Elsevier, vol. 4(2), pages 289-311, April.
    2. Barro, Robert J, 1972. "Inflationary Finance and the Welfare Cost of Inflation," Journal of Political Economy, University of Chicago Press, vol. 80(5), pages 978-1001, Sept.-Oct.
    3. John Kareken & Neil Wallace, 1981. "On the Indeterminacy of Equilibrium Exchange Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 96(2), pages 207-222.
    4. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production: I--Production Efficiency," American Economic Review, American Economic Association, vol. 61(1), pages 8-27, March.
    5. Friedman, Milton, 1971. "Government Revenue from Inflation," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 846-856, July-Aug..
    6. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production II: Tax Rules," American Economic Review, American Economic Association, vol. 61(3), pages 261-278, June.
    7. Aghevli, Bijan B, 1977. "Inflationary Finance and Growth," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1295-1307, December.
    8. Drazen, Allan, 1979. "The optimal rate of inflation revisited," Journal of Monetary Economics, Elsevier, vol. 5(2), pages 231-248, April.
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    Cited by:

    1. Zou, Heng-Fu, 1993. "Dollarization and inflation in a two-country optimization model," Journal of International Money and Finance, Elsevier, vol. 12(2), pages 209-220, April.
    2. Ahmad JafariSamimi & Habib Ansari Samani & Younes Nademi, 2011. "Inflation and Inflation Tax in Iran: A Threshold Regression ‘Laffer Curve’ Model," Journal of Economics and Behavioral Studies, AMH International, vol. 3(3), pages 163-168.
    3. Fernando Ossa, 1988. "El Sistema Monetario Internacional en los Últimos Veinticinco Años," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 25(76), pages 405-430.
    4. Rigobon, Roberto, 2002. "Disinflation and fiscal reform: a neoclassical perspective," Journal of International Economics, Elsevier, vol. 58(2), pages 265-297, December.

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