Further Theoretical and Empirical Evidence on Money to Growth Relation

This paper proposes a theoretical growth model where seigniorage can be used to finance productive public spending, and show the existence of nonlinear effects between seigniorage and economic growth. Empirical evidence based on panel regression techniques provides some support for these nonlinear effects on a sample of OECD countries over the 1978-2005 period

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Year of publication:	[2008]
Authors:	Minea, Alexandru
Other Persons:	Rault, Christophe (contributor) ; Villieu, Patrick (contributor)
Publisher:	[2008]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (15 p)
Series:	William Davidson Institute Working Paper ; No. 909
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 2008 erstellt
Other identifiers:	10.2139/ssrn.1143575 [DOI]
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H54 - Infrastructures; Other Public Investment and Capital Stock
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012724083