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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Empirical economics 19 (1994), S. 329-342 
    ISSN: 1435-8921
    Keywords: E13 ; E62 ; H26
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract When tax payments take place with a considerable time lag, inflation erodes part of their real value, and this loss may be comparable or even surpass the well-known gains from seigniorage. The paper finds that for the economy of Greece, a reduction of inflation will actually raise the total sum of tax collection and seigniorage, thus easing and not aggravating the debt-accumulation process.
    Type of Medium: Electronic Resource
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