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...

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Detalles Bibliográficos
Autor Principal: Choudhry, Nurun
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1990.
Series:IMF Working Papers; Working Paper ; No. 1990/048
Acceso en liña:Full text available on IMF