Nolivos, Roberto Delhy; Vuletin, Guillermo - In: European Journal of Political Economy 34 (2014) C, pp. 440-458
Should inflation be thought of as “just another tax?” The theoretical basis for doing so dates back to Phelps (1973) and has been greatly refined ever since. Since optimal taxation minimizes the deadweight loss by equalizing the marginal distortions of all available taxes, including the...
