This paper reviews how central banks allocate seigniorage, based on systematic crosscountry comparisons of their …

revenue from seigniorage for the EC member countries with particular focus on the high inflation countries. Assuming that by … 1992 all EC members participate fully in the EMS and reserve requirements are unified, the revenue from seigniorage will be … different measures of seigniorage yield similar results regarding the change, but differ regarding the level …

While most economists agree that seigniorage is one way governments finance deficits, there is less agreement about the … political, institutional, and economic reasons for relying on it. This paper investigates the main determinants of seigniorage … to higher seigniorage, especially in developing, less democratic, and socially polarized countries, with high inflation …

Using a database of up to 62 variables for 196 countries over 57 years, a hyperinflation cycle has been characterized … respresentative non-hyperinflation country, suggesting an important role for them in the occurrence of modern hypeinflations. Finally … hyperinflation countries used it, further improving their (ii) economic freedoms, and allowing themselves (iii) greater fiscal …

This paper reviews Zaïre’s experience with hyperinflation during 1990-96 and develops an illustrative model based on a … hyperinflation in Zaïre …

Suriname recently went through a period of destabilizationthat that bordered on hyperinflation. The country …

This paper anlayzes the Georgian hyperinflation of 1993-94, which featured endogenous fiscal expenditures and the money … supply, depreciation, and currency substitution. Hyperinflation was stopped by removing generalized consumer subsidies and …

relationship between the fiscal balance and seigniorage is strong both in the short and longrun’s; (iv) inflation inertia decreases …