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Déficit, Gasto Público y el Impuesto Inflacionario: Dos Modelos de Dinero Pasivo

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  • Leonardo Auernheimer

Abstract

Assuming that the behavior of the economic authority is related to the perception of the revenues of monetary expansion -seniorage-, we consider two cases of passive money. In the first the monetary authority fixes the real amount of the seniorage. The se

Suggested Citation

  • Leonardo Auernheimer, 1983. "Déficit, Gasto Público y el Impuesto Inflacionario: Dos Modelos de Dinero Pasivo," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 20(59), pages 75-84.
    • Handle: RePEc:ioe:cuadec:v:20:y:1983:i:59:p:75-84
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    References listed on IDEAS

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    1. Olivera, Julio H G, 1970. "On Passive Money," Journal of Political Economy, University of Chicago Press, vol. 78(4), pages 805-814, Part II J.
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    1. Florencia Gabrielli & George Mc Candless & Josefin Rouillet, 2004. "The Intertemporal Relation Between Money and Prices: Evidence from Argentina," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(123), pages 199-215.

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