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