Kiguel, Miguel A; Neumeyer, Pablo Andres - In: Journal of Money, Credit and Banking 27 (1995) 3, pp. 672-82
This paper studies the relation between seigniorage and inflation in Argentina for the period 1979-1989. We estimate a money demand function and derive the Laffer curve for several sub-periods with different monetary/exchange rate regimes. We find that for most of the period the Argentine...