A REVIEW OF THEORETICAL APPROACHES ABOUT SEIGNIORAGE Cover Image

TRECERE ÎN REVISTĂ A ABORDĂRILOR TEORETICE PRIVIND SENIORAJUL
A REVIEW OF THEORETICAL APPROACHES ABOUT SEIGNIORAGE

Author(s): Camelia Băltăreţu
Subject(s): National Economy, Economic policy, Government/Political systems, Political economy, Fiscal Politics / Budgeting
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: Seigniorage revenue; Tax inflation; Money creation; Financing budget deficit;

Summary/Abstract: In the literature and in practice there is no unanimity regarding the definition and the measurement of seigniorage revenue. Usually, the seigniorage is seen as an important source of government finance without levying conventional taxes. In this paper, the author presents some main conceptual aspects of seigniorage that have been used in the literature, trying to delineate these terms : monetary seigniorage, fiscal seigniorage, inflation tax, opportunity cost of holding money.

  • Issue Year: 1/2016
  • Issue No: 1
  • Page Range: 82-95
  • Page Count: 14
  • Language: English, Romanian