A REVIEW OF THEORETICAL APPROACHES ABOUT SEIGNIORAGE

Baltaretu Camelia ()
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Baltaretu Camelia: ”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania

Contemporary Economy Journal, 2016, vol. 1, issue 1, 82-88

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.

Keywords: seigniorage revenue; tax inflation; money creation; financing budget deficit (search for similar items in EconPapers)
JEL-codes: E42 E58 E62 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:1:y:2016:i:1:p:82-88

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