European Financial Integration and Revenue from Seignorage : The Case of Italy.
Financial integration is likely to entail EEC-wide convergence in both inflation rates and bank reserve requirements, thereby lowering some governments' seignorage revenues. These revenue losses, however, may be offset by concomitant effects on exchange rate expectations and on interest rates o...
| Institution som forfatter: | |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 1989/041 |
| Online adgang: | Full text available on IMF |