Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis

Stanley Fischer, Financial Policies and the World Capital Market: The Problem of Latin American Countries (University of Chicago Press, 1983), chap. 3, https://www.nber.org/books-and-chapters/financial-policies-and-world-capital-market-problem-latin-american-countries/seigniorage-and-fixed-exchange-rates-optimal-inflation-tax-analysis.