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Volumn 37, Issue 2, 1996, Pages 203-223

Optimality of the Friedman rule in economies with distorting taxes

Author keywords

Inflation tax; Optimal monetary policy; Ramsey policy

Indexed keywords


EID: 0030119293     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(96)90034-3     Document Type: Article
Times cited : (99)

References (14)
  • 1
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    • Atkinson, A.B.1    Stiglitz, J.E.2
  • 3
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    • Optimality of the Friedman rule in economies with distorting taxes
    • Federal Reserve Bank of Minneapolis, Minneapolis, MN
    • Chari, V.V., L.J. Christiano, and P.J. Kehoe, 1993, Optimality of the Friedman rule in economies with distorting taxes, Research Department staff report 158 (Federal Reserve Bank of Minneapolis, Minneapolis, MN).
    • (1993) Research Department Staff Report 158
    • Chari, V.V.1    Christiano, L.J.2    Kehoe, P.J.3
  • 5
    • 0002979266 scopus 로고
    • Optimal taxation and public production I: Production efficiency
    • Diamond, P.A. and J.A. Mirrlees, 1971a, Optimal taxation and public production I: Production efficiency, American Economic Review 61, 8-27.
    • (1971) American Economic Review , vol.61 , pp. 8-27
    • Diamond, P.A.1    Mirrlees, J.A.2
  • 6
    • 0002979267 scopus 로고
    • Optimal taxation and public production II: Tax rules
    • Diamond, P.A. and J.A. Mirrless, 1971b, Optimal taxation and public production II: Tax rules, American Economic Review 61, 261-268.
    • (1971) American Economic Review , vol.61 , pp. 261-268
    • Diamond, P.A.1    Mirrless, J.A.2
  • 7
    • 0001927956 scopus 로고
    • Characterization of the optimal tax on money when it functions as a medium of exchange
    • Faig, M., 1988, Characterization of the optimal tax on money when it functions as a medium of exchange, Journal of Monetary Economics 22, 137-148.
    • (1988) Journal of Monetary Economics , vol.22 , pp. 137-148
    • Faig, M.1
  • 9
    • 38249003911 scopus 로고
    • The optimal inflation tax when money reduces transactions costs: A reconsideration
    • Guidotti, P.E. and C.A. Vegh, 1993, The optimal inflation tax when money reduces transactions costs: A reconsideration, Journal of Monetary Economics 31, 189-205.
    • (1993) Journal of Monetary Economics , vol.31 , pp. 189-205
    • Guidotti, P.E.1    Vegh, C.A.2
  • 10
    • 38249039177 scopus 로고
    • The optimum quantity of money rule in the theory of public finance
    • Kimbrough, K.P., 1986a, The optimum quantity of money rule in the theory of public finance, Journal of Monetary Economics 18, 277-284.
    • (1986) Journal of Monetary Economics , vol.18 , pp. 277-284
    • Kimbrough, K.P.1
  • 11
    • 0000949426 scopus 로고
    • Inflation, employment, and welfare in the presence of transactions costs
    • Kimbrough, K.P., 1986b, Inflation, employment, and welfare in the presence of transactions costs, Journal of Money, Credit, and Banking 18, 127-140.
    • (1986) Journal of Money, Credit, and Banking , vol.18 , pp. 127-140
    • Kimbrough, K.P.1
  • 12
    • 0002226230 scopus 로고
    • Optimal fiscal and monetary policy in an economy without capital
    • Lucas, R.E., Jr. and N.L. Stokey, 1983, Optimal fiscal and monetary policy in an economy without capital, Journal of Monetary Economics 12, 55-93.
    • (1983) Journal of Monetary Economics , vol.12 , pp. 55-93
    • Lucas R.E., Jr.1    Stokey, N.L.2
  • 13
    • 0002273422 scopus 로고
    • Inflation in the theory of public finance
    • Phelps, E.S., 1973, Inflation in the theory of public finance, Swedish Journal of Economics 75, 67-82.
    • (1973) Swedish Journal of Economics , vol.75 , pp. 67-82
    • Phelps, E.S.1
  • 14
    • 77957098625 scopus 로고
    • The optimum quantity of money
    • B.M. Friedman and F.H. Hahn, eds., North-Holland, Amsterdam
    • Woodford, M., 1990, The optimum quantity of money, in: B.M. Friedman and F.H. Hahn, eds., Handbook of monetary economics, Vol. 2 (North-Holland, Amsterdam) 1067-1152.
    • (1990) Handbook of Monetary Economics , vol.2 , pp. 1067-1152
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.