01548cas a2200241 a 4500 AALejournalIMF000903 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972184 1018-5941 BD-DhAAL BD-DhAAL Choudhry, Nurun. Fiscal Revenue and Inflationary Finance / Nurun Choudhry. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/048 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/048/001.1990.issue-048-en.xml IMF e-Library