Financial Repression, Inflation and Seigniorage: The Polish Experience

Bas van Aarle and Nina Budina

No 30, East European Series from Institute for Advanced Studies

Abstract: A small analytic framework is build to analyse the relation between reserve requirements, inflation, and seigniorage revenues. From the analysis we can derive steady-state seigniorage revenues as a function of the rate of inflation and the intensity of financial repression. The framework is applied to the case of Poland that has undertaken a rapid transition to a market economy and implemented a substantial financial sector reform.

Keywords: Financial Represssion; Economies in Transition; Monetary Policy; Seigniorage (search for similar items in EconPapers)
JEL-codes: E31 E41 E52 (search for similar items in EconPapers)
Pages: 13 pages
Date: 1996-04
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ihs.ac.at/publications/eco/east/ro-30.pdf First version, 1996 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.ihs.ac.at/publications/eco/east/ro-30.pdf [301 Moved Permanently]--> https://www.ihs.ac.at/publications/eco/east/ro-30.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ihs:ihsrop:30

Ordering information: This working paper can be ordered from
Institute for Advanced Studies - Library, Josefstädterstr. 39, A-1080 Vienna, Austria

Access Statistics for this paper

More papers in East European Series from Institute for Advanced Studies Josefstädterstr. 39, A-1080 Vienna, Austria. Contact information at EDIRC.
Bibliographic data for series maintained by Doris Szoncsitz ().