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The optimal rate of inflation revisited
9 references·13 citing·35 second hop
The optimal rate of inflation revisited (1979)The optimal rate of inflation revisitedOptimal Taxation and Public Production II: Tax Rules (2016)Optimal Taxation and Public P…Optimal Taxation and Public Production I: Production Eficiency (2016)Optimal Taxation and Public P…INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)INFLATION IN THE THEORY OF PU…Inflation Policy and Unemployment Theory. (1973)Inflation Policy and Unemploy…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…Differential Taxation, Public Goods, and Economic Efficiency (1971)Differential Taxation, Public…Studies in the Quantity Theory of Money (1957)Studies in the Quantity Theor…The monetary dynamics of hyperinflation (1956)The monetary dynamics of hype…Cash Is Alive: How Economists Explain Holding and Use of Cash (2023)Cash Is Alive: How Economists…The role of central bank independence on optimal taxation and seigniorage (2013)The role of central bank inde…The Optimal Inflation Tax (1999)The Optimal Inflation TaxTime Consistent Collection of Optimal Seigniorage: A Unifying Framework (1997)Time Consistent Collection of…Money in the utility function: Functional equivalence to a shopping-time model (1993)Money in the utility function…Optimal taxation and inflation in an open economy (1991)Optimal taxation and inflatio…Chapter 19 Costs of inflation (1990)Chapter 19 Costs of inflationOn Optimal Currency Substitution Policy and Public Finance (1987)On Optimal Currency Substitut…On a simple rule for the optimal inflation rate in second best taxation (1985)On a simple rule for the opti…Financial intermediation, reserve requirements, and inside money: A general equilibrium analysis (1985)Financial intermediation, res…Optimal Taxation by the Monetary Authority (1984)Optimal Taxation by the Monet…The CBO's policy analysis (1980)The CBO's policy analysisMoney Demand, Consumer Demand and Relative Prices in Australia* (1980)Money Demand, Consumer Demand…General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States.A Contribution to the Theory of Taxation (1927)Theory of Value (1959)Environmental Taxation and the “Double Dividend:” A Reader’s Guide (1995)State Capacity, Conflict, and Development (2010)The Pure Theory of Public Expenditure (1954)The structure of indirect taxation and economic efficiency (1972)On the Optimal Taxation of Capital Income (1997)Regulating stock externalities under uncertainty (2003)Optimal Departures from Marginal Cost Pricing (2005)An Exploration in the Theory of Optimum Income Taxation (1971)Optimal Taxation in the Presence of Externalities (1975)Redistributive taxation as social insurance (1980)Essays in Positive Economics (1954)Time Consistency of Fiscal and Monetary Policy (1987)Economic and Monetary Union in Europe (1992)Fiscal Policy and Long-Run Growth (1997)The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money (1958)Tax evasion and the optimal inflation tax (1998)CLASSIFYING MONETARY ECONOMICS: FIELDS AND METHODS FROM PAST TO FUTURE (2010)On the Time Consistency of Optimal Policy in a Monetary Economy (1978)Inflation and Welfare (2000)Learning about monetary policy rules (2002)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)Equilibrium search and unemployment (1974)THE ECONOMICS OF JOB SEARCH: A SURVEY (1976)Fiscal Policy in a Depressed Economy (2012)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)
this work references cited by second hop

References

  • 1956The monetary dynamics of hyperinflation1,734 cited
  • 1971The Optimum Quantity of Money: and Other Essays1,208 cited
  • 2016Optimal Taxation and Public Production I: Production Eficiency1,042 cited
  • 2016Optimal Taxation and Public Production II: Tax Rules939 cited
  • 1957Studies in the Quantity Theory of Money812 cited
  • 1971Differential Taxation, Public Goods, and Economic Efficiency475 cited
  • 1973Inflation in the Theory of Public Finance410 cited
  • 1979INFLATION IN THE THEORY OF PUBLIC FINANCE336 cited
  • 1973Inflation Policy and Unemployment Theory.277 cited

Cited by

  • 1999The Optimal Inflation Tax83 cited
  • 1985Financial intermediation, reserve requirements, and inside money: A general equilibrium analysis73 cited
  • 1993Money in the utility function: Functional equivalence to a shopping-time model68 cited
  • 1990Chapter 19 Costs of inflation43 cited
  • 2023Cash Is Alive: How Economists Explain Holding and Use of Cash34 cited
  • 1985On a simple rule for the optimal inflation rate in second best taxation33 cited
  • 2013

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The role of central bank independence on optimal taxation and seigniorage
20 cited
  • 1997Time Consistent Collection of Optimal Seigniorage: A Unifying Framework19 cited
  • 1984Optimal Taxation by the Monetary Authority19 cited
  • 1980Money Demand, Consumer Demand and Relative Prices in Australia*17 cited
  • 1987On Optimal Currency Substitution Policy and Public Finance17 cited
  • 1980The CBO's policy analysis16 cited
  • 1991Optimal taxation and inflation in an open economy12 cited