The concept of total gross seigniorage is used to analyse sources and uses of central bank seigniorage in the Czech Republic during the period 1993-1997. A comprehensive framework for measuring total seigniorage and its main components is presented and estimates of seigniorage revenues (sources...

Conventional productivity growth decompositions, such as those of Baily, Bartelsman and Haltiwanger (2001) and Grilliches and Regev (1995), first aggregate each firm's productivity level into an aggregate productivity index, and then allocate aggregate growth back to the firms forming the...