Show simple item record Kimbrough, KP 2010-03-09T15:36:37Z 1986-01-01
dc.identifier.citation Journal of Monetary Economics, 1986, 18 (3), pp. 277 - 284
dc.identifier.issn 0304-3932
dc.description.abstract This paper examines optimal tax policy in a monetary economy in which money serves as an intermediate good that helps facilitate the conversion of scarce resources into final consumption goods by enabling consumers to economize on the costs of transacting. It is shown that in such an environment, even though distorting taxes must be levied for revenue purposes, the optimal tax structure calls for abstaining from inflationary finance and adopting the optimum quantity of money rule. © 1986.
dc.format.extent 277 - 284
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.relation.ispartof Journal of Monetary Economics
dc.relation.isversionof 10.1016/0304-3932(86)90040-1
dc.title The optimum quantity of money rule in the theory of public finance
dc.type Journal Article
dc.department Economics
pubs.issue 3
pubs.organisational-group /Duke
pubs.organisational-group /Duke/Trinity College of Arts & Sciences
pubs.organisational-group /Duke/Trinity College of Arts & Sciences/Economics
pubs.publication-status Published
pubs.volume 18

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