Seigniorage in the EC : The Implications of the EMS and Financial Market Integration.

The paper measures the effects of the integration of European financial markets and lower inflation in the EMS on the revenue from seigniorage for the EC member countries with particular focus on the high inflation countries. Assuming that by 1992 all EC members participate fully in the EMS and rese...

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מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1989.
סדרה:IMF Working Papers; Working Paper ; No. 1989/007
גישה מקוונת:Full text available on IMF