Cargando…

Spending seigniorage : do central banks have a governance problem /

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 profitability. Weak central banks typically (although not exclusively) operate in small...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Ize, Alain (Autor)
Autor Corporativo: International Monetary Fund. Monetary and Financial Systems Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Monetary and Financial Systems Dept., ©2006.
Colección:IMF working paper ; WP/06/58.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • ""Contents""; ""I. INTRODUCTION""; ""II. A CROSS-SECTIONAL LOOK AT CENTRAL BANK ACCOUNTS""; ""III. SOURCES AND USES OF SEIGNIORAGE""; ""IV. WHAT DETERMINES CENTRAL BANKSâ€? OPERATING EXPENDITURES?""; ""V. CONCLUSIONS""; ""SAMPLE COUNTRIES""; ""NOTATION""; ""VALUATION ADJUSTMENTS""; ""REFERENCES""