Central Banks and the Use of Seigniorage: A Study of Three Economies in Transition

Central banks systems in the transforming economies in Eastern Europe are under pressure. From one side appears a need of integration to the Europe from the other side a finance needs of governments. Besides it is very hard to split a "good" and a "bad" demands for new loans. The text research into behaviour of Central bank of the Czech Republic, the Hungary and the Romania with use of the German and the Austria as examples of seigniorage.

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Year of publication:	1997
Authors:	Hochreiter, Eduard ; Rovelli, Riccardo ; Winckler, Georg
Published in:	Politická ekonomie. - Vysoká Škola Ekonomická v Praze, ISSN 0032-3233. - Vol. 1997.1997, 2, p. 193-206
Publisher:	Vysoká Škola Ekonomická v Praze

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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