| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1496 |
| DP1496 More Equal but Less Mobile? Education Financing and Intergenerational Mobility in Italy and in the United States | |
| Aldo Rustichini; Daniele Checchi; Andrea Ichino | |
| 发表日期 | 1996-10-31 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | The fiscal gains from, and hence the political incentives for, an increase in the inflation rate of ten percentage points may be substantial: Swedish data from 1994 suggests an annual real flow of 3?4% of GDP, or a capitalized value of nearly 100% of GDP. These gains would have arisen mainly from the nominalistic features of the tax and transfer systems rather than from the traditional sources: seignorage and real depreciation of public debt. The welfare costs of such an inflation increase would have been even larger, however, and would thus have reduced net welfare. Possible institutional reforms, aimed at making the political costs of inflation more equal to the social costs, are presented and discussed. |
| 主题 | International Macroeconomics |
| 关键词 | Gains from trade inflation Inflation costs Public debt |
| URL | https://cepr.org/publications/dp1496 |
| 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/530638 |
| 推荐引用方式 GB/T 7714 | Aldo Rustichini,Daniele Checchi,Andrea Ichino. DP1496 More Equal but Less Mobile? Education Financing and Intergenerational Mobility in Italy and in the United States. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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