INFLATION AS THE TOOL OF QUASI TAXATION: THEORETICAL ASPECTS
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2016, Vol 21, Issue 2
Abstract
Inflation as a global economic problem is inherent in one form or another in practically all countries of the world. Each country has its own economic model, which causes formation or the formation of the equilibrium of the economy or any imbalance with all its accompanying manifestations. Exactly inflation, among other macroeconomic indicators, most typically reflects the state of the economy. In spite of the specifics and peculiarities of inflation in each country, the deep nature and essence of inflation is revealed in those hidden functions that it performs. Research of fiscal function of inflation allows examining it as a quasi-fiscal tax tool. As a consequence, governments and central banks (CB) are able to use this tool, depending on the goals they pursue.
Authors and Affiliations
N. A. Shykina
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