• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Problems of Economic Transition >Government Gains from Central Bank Seigniorage in Transition Economies
【24h】

Government Gains from Central Bank Seigniorage in Transition Economies

机译：转轨国家中央银行铸币税带来的政府收益

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This article presents a comparative study of the creation and distribution of central bank seigniorage in selected countries of the Commonwealth of Independent States (CIS) (Georgia, Kyrgyzstan, Belarus) and selected Central European countries (Poland, Czech Republic) during the transition to a market economy. A comprehensive framework for measuring seigniorage revenues is presented, and estimates of its sources and uses are computed and analyzed. It is shown that the conventional concept of monetary seigniorage does not reflect government gains from money creation in transitional economies. The study also reveals sources of fiscal seigniorage during periods of macroeconomic stabilization accompanied by tight monetary policy. In particular, contrary to the common view, the analysis shows that typically revenues from money creation have not been extensively to finance government expenditures. Nevertheless, the flow of resources from central banks to state budgets in CIS countries remains significant, mainly due to small nongovernment debt portfolios and quasi-fiscal operations of central banks.
机译：本文对独立国家联合体（CIS）的部分国家（格鲁吉亚，吉尔吉斯斯坦，白俄罗斯）和中欧国家（波兰，捷克共和国）过渡期间建立和分配中央银行铸币税的情况进行了比较研究。市场经济。提出了衡量铸币税收入的综合框架，并计算和分析了其来源和用途的估算。结果表明，传统的货币铸币税概念并不反映出转型经济体政府从货币创造中获得的收益。该研究还揭示了在宏观经济稳定和紧缩货币政策期间财政铸币税的来源。尤其是，与普遍观点相反，该分析表明，货币创造收入通常并未广泛用于资助政府支出。但是，独联体国家从中央银行流向国家预算的资源仍然很大，这主要是由于少量的非政府债务组合和中央银行的准财政业务所致。

著录项

  • 来源
    《Problems of Economic Transition》 |2006年第3期|p.54-88|共35页
  • 作者

    JACEK CUKROWSKI;

  • 作者单位

    Millennium Development Goals at the United Nations Development Programme's Regional Center in Bratislava;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 f;
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号