Since 2014
(DP 1983-06) Specifying Seigniorage for Time Consistency
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 1983-06) Specifying Seigniorage for Time Consistency
|
|
| Creator |
Remolona, Eli M.
|
|
| Description |
It is shown that the traditional specification of the revenue form money creation implies a retroactive inflation tax and leads to time inconsistency in monetary policy. The specification that leads to time consistency turns out to be Auernheimer s "honest government" seigniorage revenue.
|
|
| Publisher |
UPSE Discussion Papers
|
|
| Contributor |
—
|
|
| Date |
2010-08-31
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/311
|
|
| Source |
UPSE Discussion Papers; 1983
|
|
| Language |
eng
|
|
| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/311/369
|
|