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Money Demand And Seigniorage Maximizing Inflation


Money Demand And Seigniorage Maximizing Inflation
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Money Demand And Seigniorage Maximizing Inflation


Money Demand And Seigniorage Maximizing Inflation
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Author : William Russell Easterly
language : en
Publisher: World Bank Publications
Release Date : 1992

Money Demand And Seigniorage Maximizing Inflation written by William Russell Easterly and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Demand for money categories.


The elasticity of substitution in transactions between money and bonds is a crucial determinant of the seigniorage- maximizing inflation rate and of whether the semi- elasticity of money demand with inflation increases with inflation.



Welfare Costs Of Inflation Seigniorage And Financial Innovation


Welfare Costs Of Inflation Seigniorage And Financial Innovation
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Author : Mr.Jose De Gregorio
language : en
Publisher: International Monetary Fund
Release Date : 1991-01-01

Welfare Costs Of Inflation Seigniorage And Financial Innovation written by Mr.Jose De Gregorio and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-01-01 with Business & Economics categories.


This paper examines the welfare effects of mitigating the costs of inflation. In a simple model where money reduces transaction costs, a fall in the costs of inflation is equivalent to financial innovation. This can be caused by paying interest on deposits, indexing money, or “dollarizing.” Results indicate that financial innovation raises welfare in low inflation economies while reducing it in high inflation economies, due to the offsetting indirect effect of higher inflation to finance the budget.



Money And Inflation


Money And Inflation
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Author : J. Huston McCulloch
language : en
Publisher:
Release Date : 1982

Money And Inflation written by J. Huston McCulloch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Inflation (Finance). categories.




Inflation And Seigniorage In Argentina


Inflation And Seigniorage In Argentina
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Author : Miguel Alberto Kiguel
language : en
Publisher:
Release Date : 1989

Inflation And Seigniorage In Argentina written by Miguel Alberto Kiguel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Demanda monetaria categories.


In Argentina, increases in inflation appear to be closely linked to government attempts to increase seigniorage (government revenues from issuing money). The implication? Any serious stabilization effort requires finding an alternative source of revenue to replace the inflation tax.



Inflation And Disinflation In Turkey


Inflation And Disinflation In Turkey
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Author : Faruk Selcuk
language : en
Publisher: Routledge
Release Date : 2018-04-27

Inflation And Disinflation In Turkey written by Faruk Selcuk and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Social Science categories.


This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles.



Experiences With Financial Liberalization


Experiences With Financial Liberalization
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Author : K. L. Gupta
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Experiences With Financial Liberalization written by K. L. Gupta and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


Experiences with Financial Liberalization provides a broad spectrum of policy experiences relating to financial liberalization around the globe since the 1960s. There is a sizable body of theoretical and aggregative empirical literature in this area, but there is little work documenting and analyzing the experiences of individual countries and/or sets of countries. This book is divided into four parts by geographical region - Africa, Asia and Latin America, Central and Eastern Europe, and the Middle East. Aggregative econometric studies cannot substitute for country-wide studies in allowing the researcher to draw lessons for the future, and this volume adds to this relatively small body of literature.



Evolution And Procedures In Central Banking


Evolution And Procedures In Central Banking
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Author : David E. Altig
language : en
Publisher: Cambridge University Press
Release Date : 2003-09-11

Evolution And Procedures In Central Banking written by David E. Altig and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-11 with Business & Economics categories.


This volume collects the proceedings from a conference on the evolution and practice of central banking sponsored by the Central Bank Institute of the Federal Reserve Bank of Cleveland. The articles and discussants' comments in this volume largely focus on two questions: the need for central banks, and how to maintain price stability once they are established. The questions addressed include whether large banks (or coalitions of small banks) can substitute for government regulation and due central bank liquidity provision; whether the future will have fewer central banks or more; the possibility of private means to deliver a uniform currency; if competition across sovereign currencies can ensure global price stability; the role of learning (and unlearning) the lessons of the past inflationary episodes in understanding central bank behavior; and an analysis of the European Central Bank.



Macroeconomics


Macroeconomics
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Author : Errol D'Souza
language : en
Publisher: Pearson Education India
Release Date : 2009-05

Macroeconomics written by Errol D'Souza and has been published by Pearson Education India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05 with Business & Economics categories.


Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.





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Author :
language : en
Publisher: World Bank Publications
Release Date :

written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Rational Choice And Social Welfare


Rational Choice And Social Welfare
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Author : Prasanta K. Pattanaik
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-09-30

Rational Choice And Social Welfare written by Prasanta K. Pattanaik and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-30 with Business & Economics categories.


This volume brings together papers, which were ?rst presented at the International Conference on Rational Choice, Individual Rights and Non-Welfaristic Normative Economics, held in honour of Kotaro Suzumura at Hitotsubashi University, Tokyo, on 11–13 March 2006, and which have subsequently gone through the usual process of review by referees. We have been helped by many individuals and institutions in organizing the conference and putting this volume together. We are grateful to the authors of this volume for contributing their papers and to the referees who reviewed the papers. We gratefully acknowledge the very generous fundings by the Ministry of Education, Culture, Sports, Science and Technology, Japan, through the grant for the 21st Century Center of Excellence (COE) Program on the Normative Evaluation and Social Choice of Contemporary Economic Systems, and by the Japan Society for the Promotion of Science, through the grant for International Scienti?c Meetings in Japan, and the unstinted effort of the staff of the COE Program at Hitotsubashi University, without which the conference in 2006 would not have been possible. We thank Dr. Martina Bihn, the Editorial Director of Springer-Verlag for economics and business, for her advice and help. Finally, we would like to mention that it has been a great pleasure and privilege for us to edit this volume, which is intended to be a tribute to Kotaro Suzumura’s - mense intellectual contributions, especially in the theory of rational choice, welfare economics, and the theory of social choice. Riverside Prasanta K.