SEIGNIORAGE VERSUS INFLATION TAX - A COMMENT

被引：1
|
作者：
SACHINIDES, P
机构：
[1] Manchester School of Management, Manchester M60 1QD, UMIST
来源：
APPLIED ECONOMICS LETTERS | 1995年 / 2卷 / 10期
关键词：
D O I：
10.1080/758519004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper is a comment on an article by de Haan et al. (1993) on seigniorage in developing countries. It is argued that de Haan et al. conflate the concepts of seigniorage and inflation tax, although it is now established that these two concepts are distinct. Furthermore, the measures they employ to calculate inflation tax and seigniorage are questioned. Examples suggest that they systematically overestimate seigniorage and miscalculate the inflation tax.
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页码：412 / 414
页数：3
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