G2TT
来源类型Discussion paper
规范类型论文
来源IDDP381
DP381 Seigniorage and Political Stabiliity
Sebastian Edwards; Alex Cukierman; Guido Tabellini
发表日期1990-03-01
出版年1990
语种英语
摘要The importance of seigniorage relative to other sources of government revenue differs markedly across countries. The main theoretical implication of this paper is that countries with more unstable and polarized political systems rely more heavily on seigniorage. This result is obtained within the context of a political model of tax reform. The model implies that the more unstable and polarized the political system, the more inefficient is the equilibrium tax structure (in the sense that tax collection is more costly to administer), and the higher therefore the reliance on seigniorage. This prediction of the model is tested on cross-section data for 79 countries.
主题International Macroeconomics
关键词Government revenue Political systems Seigniorage Tax reform
URLhttps://cepr.org/publications/dp381
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529536
推荐引用方式
GB/T 7714
Sebastian Edwards,Alex Cukierman,Guido Tabellini. DP381 Seigniorage and Political Stabiliity. 1990.
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