Search Results

You are looking at 1 - 10 of 44 items

  • Keyword: seigniorage x
Clear All Modify Search
Smuggling, Currency Substitution and Unofficial Dollarization

Smuggling, Currency Substitution and Unofficial Dollarization »

Source: Smuggling, Currency Substitution and Unofficial Dollarization : A Crime-Theoretic Approach

Volume/Issue: 2000/176

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Steven Russell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

ISBN: 9781451858808

Keywords: Seigniorage, foreign currency, equation, difference equation, probability, optimization

Large stocks of U.S. dollars and other hard currencies circulate in the transition economies, in Latin America, and in other countries that have experienced macroeconomic mismanagement. Using a monetary model that...

Seigniorage in the EC

Seigniorage in the EC »

Source: Seigniorage in the EC : The Implications of the EMS and Financial Market Integration

Volume/Issue: 1989/7

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451928303

Keywords: inflation, definition of seigniorage, inflation rates, reserve requirements, inflation rate

The paper measures the effects of the integration of European financial markets and lower inflation in the EMS on the revenue from seigniorage for the EC member countries with particular focus on the high inflation...

Welfare Costs of Inflation, Seigniorage, and Financial Innovation

Welfare Costs of Inflation, Seigniorage, and Financial Innovation »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Output Fluctuations and Monetary Shocks: Evidence from Colombia

Output Fluctuations and Monetary Shocks: Evidence from Colombia »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Broad Money Growth and Inflation in the United States

Broad Money Growth and Inflation in the United States »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Money and Inflation in Yugoslavia

Money and Inflation in Yugoslavia »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

International VAT Harmonization: Macroeconomic Effects

International VAT Harmonization: Macroeconomic Effects »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors

Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Interest Rates in Mexico The Role of Exchange Rate Expectations and International Creditworthiness

Interest Rates in Mexico The Role of Exchange Rate Expectations and International Creditworthiness »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...

Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries

Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries »

Source: IMF Staff papers : Volume 38 No. 4

Volume: 38

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451930801

Keywords: inflation, seigniorage, interest, rate of inflation, inflation tax

The welfare effects of mitigating the costs of inflation are examined. In a model where money reduces transactions costs, a fall in inflation costs is equivalent to financial innovation. This can be caused by payin...