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The optimality of the Friedman rule when some distorting taxes are exogenous
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The optimality of the Friedman rule when some distorting taxes are exogenous (2007)The optimality of the Friedman rule when …The Optimum Quantity of Money (2017)The Optimum Quantity of MoneyOptimal Taxation and Public Production I: Production Eficiency (2016)Optimal Taxation and Public P…The Time Consistency of Optimal Monetary and Fiscal Policies (2004)The Time Consistency of Optim…Optimal fiscal and monetary policy under imperfect competition (2004)Optimal fiscal and monetary p…Optimal fiscal and monetary policy under sticky prices (2003)Optimal fiscal and monetary p…Optimal Fiscal and Monetary Policy (1998)Optimal Fiscal and Monetary P…Optimality of the Friedman rule in economies with distorting taxes (1996)Optimality of the Friedman ru…Is the Friedman rule optimal when money is an intermediate good? (1996)Is the Friedman rule optimal …Optimal Fiscal and Monetary Policy: Some Recent Results (1991)Optimal Fiscal and Monetary P…The optimum quantity of money rule in the theory of public finance (1986)The optimum quantity of money…Money and Asset Prices in a Cash-in-Advance Economy (1985)Money and Asset Prices in a C…Optimal fiscal and monetary policy in an economy without capital (1983)Optimal fiscal and monetary p…INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)INFLATION IN THE THEORY OF PU…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…A Contribution to the Theory of Taxation (1927)A Contribution to the Theory …General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States.Theory of Value (1959)Environmental Taxation and the “Double Dividend:” A Reader’s Guide (1995)State Capacity, Conflict, and Development (2010)EQUILIBRIUM IN A PURE CURRENCY ECONOMY (1980)Industry Returns and the Fisher Effect (1994)Chapter 37 Puzzles in international financial markets (1995)On the equivalence of private and public money (2019)Myopia and Inconsistency in Dynamic Utility Maximization (1955)Myopia and Inconsistency in Dynamic Utility Maximization (1973)A Positive Theory of Fiscal Deficits and Government Debt (1990)Monetary Theory and Policy (1999)A Unified Framework for Monetary Theory and Policy Analysis (2005)On the Determination of the Public Debt (1979)Time to Build and Aggregate Fluctuations (1982)Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates? (2000)Unconventional Fiscal Policy at the Zero Bound (2011)Discretion versus policy rules in practice (1993)Optimal monetary policy with staggered wage and price contracts (2000)Interest and Prices (2004)Tax base variability and procyclical fiscal policy in developing countries (2005)Great Expectations and the End of the Depression (2008)Firm-specific capital, nominal rigidities and the business cycle (2010)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)When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)Taxing Capital? Not a Bad Idea After All! (2007)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)
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References

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  • 1971The Optimum Quantity of Money: and Other Essays1,208 cited
  • 2016Optimal Taxation and Public Production I: Production Eficiency1,042 cited
  • 2003Optimal fiscal and monetary policy under sticky prices620 cited
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  • 1996Is the Friedman rule optimal when money is an intermediate good?137 cited
  • 2004The Time Consistency of Optimal Monetary and Fiscal Policies

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