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On a simple rule for the optimal inflation rate in second best taxation
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On a simple rule for the optimal inflation rate in second best taxation (1985)On a simple rule for the optimal inflatio…The Optimum Quantity of Money (2017)The Optimum Quantity of MoneySeigniorage and the Case for a National Money (1982)Seigniorage and the Case for …Welfare Implications of the Taxation of Savings (1980)Welfare Implications of the T…Dynamic optimal taxation, rational expectations and optimal control (1980)Dynamic optimal taxation, rat…INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)INFLATION IN THE THEORY OF PU…On the specification of models of optimum income taxation (1976)On the specification of model…MONEY AND THE PRODUCTION FUNCTION (1974)MONEY AND THE PRODUCTION FUNC…Are Government Bonds Net Wealth? (1974)Are Government Bonds Net Weal…Inflation in the Theory of Public Finance (1973)Inflation in the Theory of Pu…The Optimum Quantity of Money: and Other Essays (1971)The Optimum Quantity of Money…Public Investment, the Rate of Return, and Optimal Fiscal Policy. (1971)Public Investment, the Rate o…Studies in the Quantity Theory of Money (1957)Studies in the Quantity Theor…THE WELFARE COST OF INFLATIONARY FINANCE (1956)THE WELFARE COST OF INFLATION…The Welfare Cost of Inflationary Finance (1956)The Welfare Cost of Inflation…The monetary dynamics of hyperinflation (1956)The monetary dynamics of hype…A Contribution to the Theory of Taxation (1927)A Contribution to the Theory …The role of central bank independence on optimal taxation and seigniorage (2013)The role of central bank inde…Friedman Meets Hosios: Efficiency in Search Models of Money (2004)Friedman Meets Hosios: Effici…The Optimal Inflation Tax (1999)The Optimal Inflation TaxTime Consistent Collection of Optimal Seigniorage: A Unifying Framework (1997)Time Consistent Collection of…Fiscal Deficits, Exchange Rate Crises and Inflation (1987)Fiscal Deficits, Exchange Rat…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Currency Substitution in Developing Countries (1992)A growth model of inflation, tax evasion, and financial repression (1995)The microfoundations of economic sanctions (1997)Public Debt as Private Liquidity (1990)A Monetary Explanation of the Equity Premium, Term Premium, and Risk-Free Rate Puzzles (1996)Macroeconomic Consequences of Remittances (2008)On the Time Consistency of Optimal Policy in a Monetary Economy (1978)Inflation and Welfare (2000)Learning about monetary policy rules (2002)Health insurance and the demand for medical care: evidence from a randomized experiment. (1987)Signaling in Retrospect and the Informational Structure of Markets (2002)Salience and Taxation: Theory and Evidence (2009)Dynamic Analysis of an Endogenous Growth Model with Public Capital (1993)Endogenous growth without scale effects (1998)Income Inequality is not Harmful for Growth: Theory and Evidence (1998)On the private provision of public goods (1986)Giving with Impure Altruism: Applications to Charity and Ricardian Equivalence (1989)Nobel Lecture: The Economic Way of Looking at Behavior (1993)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)The ‘New’ Theory of Optimum Currency Areas (1993)Cointegration Vector Estimation by Panel DOLS and Long‐run Money Demand* (2003)Serial Correlation as a Convenient Simplification, not a Nuisance: A Comment on a Study of the Demand for Money by the Bank of England (2000)The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations (2004)The Solution of Linear Difference Models under Rational Expectations (1980)A Theory of the Term Structure of Interest Rates (1985)The Modern History of Exchange Rate Arrangements: A Reinterpretation (2004)The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach (1977)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)
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References

  • 1974Are Government Bonds Net Wealth?5,990 cited
  • 1927A Contribution to the Theory of Taxation2,918 cited
  • 1956The monetary dynamics of hyperinflation1,734 cited
  • 1971The Optimum Quantity of Money: and Other Essays1,208 cited
  • 1971Public Investment, the Rate of Return, and Optimal Fiscal Policy.1,032 cited
  • 1957Studies in the Quantity Theory of Money812 cited
  • 2017The Optimum Quantity of Money562 cited
  • 1956The Welfare Cost of Inflationary Finance495 cited
  • 1973Inflation in the Theory of Public Finance410 cited
  • 1982Seigniorage and the Case for a National Money363 cited
  • 1956THE WELFARE COST OF INFLATIONARY FINANCE355 cited
  • 1980Dynamic optimal taxation, rational expectations and optimal control347 cited
  • 1980Welfare Implications of the Taxation of Savings339 cited
  • 1979INFLATION IN THE THEORY OF PUBLIC FINANCE336 cited
  • 1976On the specification of models of optimum income taxation293 cited
  • 1974MONEY AND THE PRODUCTION FUNCTION171 cited

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Cited by

  • 2004Friedman Meets Hosios: Efficiency in Search Models of Money121 cited
  • 1999The Optimal Inflation Tax83 cited
  • 2013The role of central bank independence on optimal taxation and seigniorage20 cited
  • 1997Time Consistent Collection of Optimal Seigniorage: A Unifying Framework19 cited
  • 1987Fiscal Deficits, Exchange Rate Crises and Inflation13 cited