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Measuring the Fed's Revenue from Money Creation

Author: Robert J Barro; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 1982.
Series: Working paper series (National Bureau of Economic Research), no. w0883.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The national accounts include the Fed's payments to the Treasury as a component of corporate taxes. These payments constituted 22% of reported corporate profits taxes in 1981. This paper discusses alternative concepts of inflationary finance. Measures for these concepts are reported for the post-World War I1 period.
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Additional Physical Format: Print version:
Barro, Robert J.
Measuring the Fed's revenue from money creation.
Cambridge, Mass. : National Bureau of Economic Research, 1982
(OCoLC)9982001
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Robert J Barro; National Bureau of Economic Research.
OCLC Number: 756573759
Description: 1 online resource.
Series Title: Working paper series (National Bureau of Economic Research), no. w0883.
Responsibility: Robert J. Barro.

Abstract:

The national accounts include the Fed's payments to the Treasury as a component of corporate taxes. These payments constituted 22% of reported corporate profits taxes in 1981. This paper discusses alternative concepts of inflationary finance. Measures for these concepts are reported for the post-World War I1 period.

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