Collection Lags, Fiscal Revenue and Inflationary Financing: Empirical Evidence and Analysis

April 1, 1991

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Format: Chicago

Nurun N. Choudhry Collection Lags, Fiscal Revenue and Inflationary Financing: Empirical Evidence and Analysis, (USA: International Monetary Fund, 1991) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance. The evidence indicates a wide variation in collection lags among the categories of revenues. The estimated erosion of real fiscal revenue, although varied in the sample countries, appears to have substantially offset gains from the inflation tax, thereby severely restricting the use of this form of taxation in generating resources.

Subject: Economic sectors, Inflation, Monetary base, Money, National accounts, Personal income, Prices, Public enterprises, Revenue administration

Keywords: Collection lag, Effects of inflation, Fiscal revenue, Inflation, Inflation revenue, Monetary base, Personal income, Public enterprises, Revenue effect, WP

Publication Details

Pages:

22
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1991/041
Stock No:

WPIEA0411991
ISBN:

9781451976373
ISSN:

1018-5941

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