Series: IMF Working Papers
Author(s): Alain Ize
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2006
Keywords: seigniorage, expenditures, central bank, reserve accumulation, currency composition, Structure, Scope, and Performance of Government,
This paper reviews how central banks allocate seigniorage, based on systematic crosscountry comparisons of their financial accounts. Central banks are classified as weak or strong, depending upon their structural p...