Cincibuch, Martin; Vávra, David - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 11, pp. 574-590
The authors focus on income from the monopoly rights to issue money accruing to central banks in a transitional environment. The authors introduce a general method to compute the value of this ability and provide a tentative valuation in the Czech case. The range of the estimates demonstrates...