Financial Repression, Inflation and Seigniorage: The Polish Experience

Aarle, Bas Van and Budina, Nina (April 1996) Financial Repression, Inflation and Seigniorage: The Polish Experience. Closed Series > Reihe Osteuropa / East European Series 30


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Abstract or Table of Contents

Abstract: A small analytic framework is build to analyse the relation between reserve requirements, inflation, and seigniorage revenues. From the analysis we can derive steady-state seigniorage revenues as a function of the rate of inflation and theintensity of financial repression. The framework is applied to the case of Poland that has undertaken a rapid transition to a market economy and implemented a substantial financial sector reform.;

Item Type: IHS Series
Keywords: 'Financial Represssion' 'Economies in Transition' 'Monetary Policy' 'Seigniorage'
Classification Codes (e.g. JEL): E31, E41, E52
Status: Published
Date Deposited: 26 Sep 2014 10:36
Last Modified: 24 Apr 2019 08:41

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