10 ENGLISH BOOKS RELATING TO «SEIGNIORAGE»
Discover the use of
seigniorage in the following bibliographical selection. Books relating to
seigniorage and brief extracts from same to provide context of its use in English literature.
1
The Encyclopedia of Taxation & Tax Policy
The introduction of commercial banking and deposit money not only made the
form of seigniorage less obvious, but also potentially reduced the amount that
could be extracted from the monetary system. To see this, suppose that only
deposit ...
Joseph J. Cordes, Robert D. Ebel, Jane Gravelle,
2005
2
The Political Economy of
Seigniorage
I. INTRODUCTION The purpose of this paper is to identify the main determinants
of cross-country and cross- time differences in seigniorage—government
revenues from monopoly control over the creation of money. This is a challenge
not yet ...
3
Spending
Seigniorage: Do Central Banks Have a Governance ...
I. INTRODUCTION Central banks' exclusive right to issue currency gives them
privileged access to seigniorage, effectively converting them into unregulated
monopolies. In the past, the siphoning off of seigniorage to governments (through
...
In this paper, based on the experience of ten European countries, we study the relevance of seigniorage revenues in the recent past, and we speculate about their importance in the near future.
Vittorio Grilli, National Bureau of Economic Research,
1988
5
Money Demand and
Seigniorage-maximizing Inflation
William Russell Easterly, Paolo Mauro, Klaus Schmidt-Hebbel. 4. Conclusions
We have developed a model of money demand, inflation, and seigniorage based
on an optimizing agent who faces cash-in-advance constraints in consumption.
William Russell Easterly, Paolo Mauro, Klaus Schmidt-Hebbel,
1992
6
Routledge Encyclopedia of International Political Economy: ...
'Seigniorage' is the revenue governments earn from the creation of money.
Central banks earn seigniorage from issuing paper money and from requiring
private banks to deposit reserves at the central bank for which they receive little
or no ...
7
Taxation in Modern China
First Published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.
8
The Causes, Costs and Compensations of Inflation: An ...
An Investigation of Three Problems in Monetary Theory William Oliver Coleman.
SL S ei h 0 S Figure 10.5 The marginal shoe leather cost seigniorage: the not-so-
well behaved case There is an important qualification to the generality of Figure ...
William Oliver Coleman,
2009
9
Modern Theories of Money: The Nature and Role of Money in ...
5. Seigniorage. or. Sovereignty? L. Randall. Wray. INTRODUCTION. In this
chapter, we will explore two competing approaches to the analysis of national
currency emission. We will call one the seigniorage view, to be contrasted with
what we ...
Louis-Philippe Rochon, Sergio Rossi,
2003
10
Economic Policy in a Highly Dollarized Economy: The Case of ...
Drawbacks of High Dollarization Loss of Seigniorage A main cost of high
dollarization in Cambodia is the loss of seigniorage revenue for the government.
Box 5 presents recent methods used in the literature to measure seigniorage.
International Monetary Fund,
2003
10 NEWS ITEMS WHICH INCLUDE THE TERM «SEIGNIORAGE»
Find out what the national and international press are talking about and how the term
seigniorage is used in the context of the following news items.
Venezuela, Where Robbing A Bank Doesn't Make Money But …
Which brings us to the idea of seigniorage. This is the profit you can make by making money. Take a sheet of that toilet paper, print 2 bolivars on it and if you're ... «Forbes, May 15»
Hayek-Style Cybercurrency
To deal with this problem, both Ametrano (2014b) and Sams propose improvements based on an idea they call 'Seigniorage Shares.' These involve two types of ... «Cato Institute, May 15»
US Mint Numismatic Program Net Income and Seigniorage Down 47 …
Revenue for the numismatic segment was $504.5 million, yielding net income and seigniorage of $50.8 million. The United States Mint's numismatic program ... «Coin Update News, Apr 15»
US Mint Circulating Coin Shipments Reach 13 Billion Coins in FY …
The difference between the face value of the coins and the cost to produce and manufacture the coins represents seigniorage. The Mint transfers seigniorage to ... «Coin Update News, Mar 15»
Seigniorage And The Fed's QE: A Report Card
Monetary seigniorage when notes are issued derives from the implicit interest earned from securities exchanged in exchange for notes. In the case of the Fed's ... «Seeking Alpha, Mar 15»
Memo To George Mombiot; There Is No Seigniorage In Credit Creation
If the state were to assert a monopoly on money creation, governments could increase their supply without increasing debt. Seigniorage (the difference between ... «Forbes, Feb 15»
[Updated] Corporate tax cuts, seigniorage and the BoJ
The move itself is no real surprise but the potential seigniorage element is further proof of the reliant, intertwined, parent-subsidiary, nature of the Bank of Japan's ... «FT Alphaville, Jun 14»
Riel trust needed for stability
Cambodia's loss of seigniorage – the vaule a country gains in producing its own currency – equates to about 2 per cent of total GDP, Jayant Menon, lead ... «The Phnom Penh Post, Apr 14»
United States Mint 2013 Financial Results
Reverse Proof For the fiscal year ended September 30, 2013, the United States Mint generated revenue of $4.34 billion, yielding seigniorage and net income of ... «Coin Update News, Jan 14»
Why central banks should take charge of their digital currencies
Every time Safaricom issues M-pesa, it effectively robs seigniorage revenue from the government. Seigniorage, being the difference between the true cost of ... «FT Alphaville, Feb 13»