Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 8 of 8 for “"Seigniorage"”.
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Monetary policy and seigniorage in Brazil: Open access and the role of state banks
A political economy model of competition for seigniorage is developed in this thesis in order to provide a rationale for the inflationary regime that the Brazilian economy went through until the advent of the Real Plan in July 1994. If states in a federation can transfer their debts to the central …
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An Empirical Analysis Of The Relationship Between Corruption And Inflation
… first attempt at a solution may take the form of seigniorage, followed by borrowing. Financing this need will result in expansionary budget spending, thus leading to higher inflation. Chapter 1 tests the effects of corruption on inflation through public finance channels, seigniorage and debt …
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Corruption and Central Banks
… more corrupt societies, the state needs higher seigniorage revenue to generate the necessary income to cover government expenditure. These two theories, that is, that corruption leads to a higher rate of inflation and/or higher seigniorage, will be tested for a cross-section of 80 countries. …
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Sovereign Debt and Tax Collection Dynamics in Argentina
… Inflation's role as a source of revenue via seigniorage in Chapter 3 is extended to the Argentine fixed income market in Chapter 4. Using proprietary pricing data and a structural vector autoregression framework, Chapter 4 finds that inflation as a predictor of the probability of default in …
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The Euromarket and the making of the transnational network of finance 1959 - 1979
… merely the US government that benefited from the seigniorage of Eurodollars and the City of London which was reborn as the international financial centre in the Euromarket. Continental European countries that were hesitant about European economic integration, the UK Labour government, developing …
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The sustainability of domestic budget deficits in open economies
… in which the combination of debt-financing and seigniorage precludes the creation of a large unanticipated inflation to wipe out the debt in real terms. The model implemented is a rational expectations model of the open economy and two separate cases are analyzed. In Case I, domestic money …
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Namibia and the common monetary area : costs, benefits and choices
… from using a common currency, while the loss of seigniorage revenue, real exchange rate misalignment, impact of exports on employment are identified as the most visible costs associated with using a common currency. All criteria, benefits and costs were analysed. The results suggest that Namibia …
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Inflation Targeting in Developing Countries and Its Applicability to the Turkish Economy
… many developing countries, the use of seigniorage revenues as an important source of financing public debts, the lack of commitment to low inflation as a primary goal by monetary authorities, considerable exchange rate flexibility, lack of substantial operational independence of the …