Espinosa-Vega, Marco A.; Yip, Chong Kee - 2014
reduction in the rate of economic growth if it is financed with an increase in the seigniorage tax rate. Raising the seigniorage … the required seigniorage tax rate alternative would. Switching from seigniorage to income taxation as a source of … increase in the government spending requirements is by means of a marginal increase in the seigniorage tax rate. Finally, under …
