Collection Lags, Fiscal Revenue and Inflationary Financing : Empirical Evidence and Analysis /

The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance. The evidence indicates a wide variation in collection lags among the categories of rev...

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Detalhes bibliográficos
Autor principal: Choudhry, Nurun
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
Colecção:IMF Working Papers; Working Paper ; No. 1991/041
Acesso em linha:Full text available on IMF
Descrição
Resumo:The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance. The evidence indicates a wide variation in collection lags among the categories of revenues. The estimated erosion of real fiscal revenue, although varied in the sample countries, appears to have substantially offset gains from the inflation tax, thereby severely restricting the use of this form of taxation in generating resources.
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Descrição Física:1 online resource (22 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students