The generation and distribution of central bank seigniorage in the Czech Republic, Hungary and Poland

We measure the amount of central bank seigniorage generated in three economies in transition and inquire to what extent seigniorage ultimately accrues to the government. We relate our findings to the institutional environment of the three countries. We find that, in parallel to the process of disinf...

Full description

Bibliographic Details
Main Authors: Eduard Hochreiter, Riccardo Rovelli
Format: Article
Language:English
Published: Associazione Economia civile 2002-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9916/9798