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A note on the welfare cost of money creation

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  • Marty, Alvin L.

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  • Marty, Alvin L., 1976. "A note on the welfare cost of money creation," Journal of Monetary Economics, Elsevier, vol. 2(1), pages 121-124, January.
    • Handle: RePEc:eee:moneco:v:2:y:1976:i:1:p:121-124
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    Cited by:

    1. Alvin L. Marty, 1999. "The welfare cost of inflation: a critique of Bailey and Lucas," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 41-46.
    2. Bali, Turan G., 2000. "U.S. money demand and the welfare cost of inflation in a currency-deposit model," Journal of Economics and Business, Elsevier, vol. 52(3), pages 233-258.
    3. Kurasawa, Kazutaka & Marty, Alvin L., 2007. ""Optimal" inflation under dollarization," Journal of International Money and Finance, Elsevier, vol. 26(2), pages 251-264, March.
    4. Arby, Muhammad Farooq, 2006. "Seigniorage Earnings of Commercial Banks and State Bank of Pakistan," MPRA Paper 4955, University Library of Munich, Germany.
    5. Clark A. Burdick, 1997. "A transitional analysis of the welfare cost of inflation," FRB Atlanta Working Paper 97-15, Federal Reserve Bank of Atlanta.
    6. Thomas Jordan, 2001. "Monetary control uncertainty and inflation bias," Journal of Economics, Springer, vol. 73(2), pages 125-147, June.
    7. Baltensperger, Ernst & Jordan, Thomas J., 1997. "Seigniorage, banking, and the optimal quantity of money," Journal of Banking & Finance, Elsevier, vol. 21(6), pages 781-796, June.
    8. CHARLES T. Carlstrom & WILLIAM T. Gavin, 1993. "Zero Inflation: Transition Costs And Shoe Leather Benefits," Contemporary Economic Policy, Western Economic Association International, vol. 11(1), pages 9-17, January.
    9. Alvin L. Marty, 1994. "The inflation tax and the marginal welfare cost in a world of currency and deposits," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 67-71.
    10. Nolivos, Roberto Delhy & Vuletin, Guillermo, 2014. "The role of central bank independence on optimal taxation and seigniorage," European Journal of Political Economy, Elsevier, vol. 34(C), pages 440-458.
    11. Tatsuyoshi Miyakoshi, 2008. "Seigniorage Revenue or Consumer Revenue? Theoretical and Empirical Evidences," Discussion Papers in Economics and Business 08-11, Osaka University, Graduate School of Economics.

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