Spending Seigniorage: Do Central Banks Have a Governance Problem?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Davidson, Russell & MacKinnon, James G, 1981.
"Several Tests for Model Specification in the Presence of Alternative Hypotheses,"
Econometrica, Econometric Society, vol. 49(3), pages 781-793, May.
- Russell Davidson & James G. MacKinnon, 1980. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Working Paper 378, Economics Department, Queen's University.
- Davidson, Russell & MacKinnon, James G., 1980. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Queen's Institute for Economic Research Discussion Papers 275156, Queen's University - Department of Economics.
- Mr. Alain Ize, 2005. "Capitalizing Central Banks: A Net Worth Approach," IMF Working Papers 2005/015, International Monetary Fund.
- Mr. Peter Stella, 1997. "Do Central Banks Need Capital?," IMF Working Papers 1997/083, International Monetary Fund.
- Alain Ize, 2005. "Capitalizing Central Banks: A Net Worth Approach," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 289-310, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sweidan, Osama D., 2011.
"Inflation variability between central bank's preferences and the structure of the economy: A note,"
Economic Modelling, Elsevier, vol. 28(1), pages 630-636.
- Sweidan, Osama D., 2011. "Inflation variability between central bank's preferences and the structure of the economy: A note," Economic Modelling, Elsevier, vol. 28(1-2), pages 630-636, January.
- Bholat, David & Darbyshire, Robin, 2016. "Accounting in central banks," Bank of England working papers 604, Bank of England.
- Berger, Helge & Nitsch, Volker & Lybek, Tonny, 2008.
"Central bank boards around the world: Why does membership size differ?,"
European Journal of Political Economy, Elsevier, vol. 24(4), pages 817-832, December.
- Mr. Helge Berger & Mr. Tonny Lybek & Volker Nitsch, 2006. "Central Bank Boards Around the World: Why Does Membership Size Differ?," IMF Working Papers 2006/281, International Monetary Fund.
- Berger, Helge & Nitsch, Volker & Lybek, Tonny, 2008. "Central Bank boards around the world: Why does membership size differ?," Discussion Papers 2008/5, Free University Berlin, School of Business & Economics.
- Helge Berger & Volker Nitsch & Tonny Lybek, 2007. "Central Bank Boards around the World: Why does Membership Size Differ?," CESifo Working Paper Series 1897, CESifo.
- Nitsch, Volker & Berger, Helge & Lybek, Tonny, 2008. "Central Bank Boards around the World: Why Does Membership Size Differ?," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 34446, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Biondi Yuri, 2016. "Sovereign Debt Restructuring, Refinancing and the Financial Market: A Comment on Lienau’s ‘Rethinking Sovereign Debt’," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 6(3), pages 179-188, December.
- Mr. Peter Stella & Mr. Ulrich H Klueh, 2008. "Central Bank Financial Strength and Policy Performance: An Econometric Evaluation," IMF Working Papers 2008/176, International Monetary Fund.
- Sona Benecka & Tomas Holub & Narcisa Liliana Kadlcakova & Ivana Kubicova, 2012. "Does Central Bank Financial Strength Matter for Inflation? An Empirical Analysis," Working Papers 2012/03, Czech National Bank.
- Schwarz Claudia & Karakitsos Polychronis & Merriman Niall & Studener Werner, 2015.
"Why Accounting Matters: A Central Bank Perspective,"
Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 5(1), pages 1-42, March.
- Studener, Werner & Merriman, Niall & Schwarz, Claudia & Karakitsos, Polychronis, 2014. "Why accounting matters: a central bank perspective," Occasional Paper Series 153, European Central Bank.
- Jorge E. Restrepo L. & Luis Salomó S. & Rodrigo O. Valdés P., 2009. "Macroeconomy, Monetary Policy and Central Bank Capitalization," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 12(1), pages 5-38, April.
- Sujan Bandyopadhyay & Rishab Devnani & Sudipta Ghosh & Amartya Lahiri, 2021. "Central bank equity: facts and analytics," Indian Economic Review, Springer, vol. 56(1), pages 255-279, June.
- Åke Lönnberg & Mr. Peter Stella, 2008. "Issues in Central Bank Finance and Independence," IMF Working Papers 2008/037, International Monetary Fund.
- Nicoleta Bărbuță-Mișu & Tuna Can Güleç & Selim Duramaz & Florina Oana Virlanuta, 2020. "Determinants of Dollarization of Savings in the Turkish Economy," Sustainability, MDPI, vol. 12(15), pages 1-16, July.
- Ake Lonnberg & Peter Stella, 2008. "Issues in central bank finance and independence," FRB Atlanta Working Paper 2008-13, Federal Reserve Bank of Atlanta.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stephen Quinn & William Roberds, 2016.
"Death of a Reserve Currency,"
International Journal of Central Banking, International Journal of Central Banking, vol. 12(4), pages 63-103, December.
- Stephen F. Quinn & William Roberds, 2014. "Death of a Reserve Currency," FRB Atlanta Working Paper 2014-17, Federal Reserve Bank of Atlanta.
- Jorge E. Restrepo L. & Luis Salomó S. & Rodrigo O. Valdés P., 2009. "Macroeconomy, Monetary Policy and Central Bank Capitalization," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 12(1), pages 5-38, April.
- Martin Cincibuch & Tomáš Holub & Jaromír Hurník, 2009.
"Central Bank Losses and Economic Convergence,"
Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 59(3), pages 190-215, August.
- Martin Cincibuch & Tomas Holub & Jaromir Hurnik, 2008. "Central Bank Losses and Economic Convergence," Working Papers 2008/3, Czech National Bank.
- Schobert, Franziska, 2006. "Linking financial soundness and independence of central banks--Central and Eastern Europe, Turkey and CIS countries," Research in International Business and Finance, Elsevier, vol. 20(2), pages 239-255, June.
- Mirkov, Nikola & Pozdeev, Igor & Söderlind, Paul, 2019. "Verbal interventions and exchange rate policies: The case of Swiss franc cap," Journal of International Money and Finance, Elsevier, vol. 93(C), pages 42-54.
- Mr. Andrew J Swiston & Ms. Florencia Frantischek & Mr. Przemek Gajdeczka & Alexander Herman, 2014. "Central Bank Financial Strength in Central America and the Dominican Republic," IMF Working Papers 2014/087, International Monetary Fund.
- Gustavo Adler & Pedro Castro & Camilo Tovar, 2016.
"Does Central Bank Capital Matter for Monetary Policy?,"
Open Economies Review, Springer, vol. 27(1), pages 183-205, February.
- Mr. Camilo E Tovar Mora & Mr. Pedro Castro & Gustavo Adler, 2012. "Does Central Bank Capital Matter for Monetary Policy?," IMF Working Papers 2012/060, International Monetary Fund.
- Åke Lönnberg & Mr. Peter Stella, 2008. "Issues in Central Bank Finance and Independence," IMF Working Papers 2008/037, International Monetary Fund.
- Dirk Broeders & Paul Wessels, 2022. "On the capitalisation of central banks," Occasional Studies 2004, DNB.
- Jakob Korbinian Eberl, 2016. "The Collateral Framework of the Eurosystem and Its Fiscal Implications," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69.
- repec:cii:cepiei:2010-4ta is not listed on IDEAS
- Mr. Bernard J Laurens & Mr. Marco Arnone & Jean-François Segalotto, 2006. "The Measurement of Central Bank Autonomy: Survey of Models, Indicators, and Empirical Evidence," IMF Working Papers 2006/227, International Monetary Fund.
- Lixin Sun, 2020. "On the People’s Bank of China’s Financial Strength and Policy Outcomes," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(3), pages 135-161.
- Atsushi Tanaka, 2013. "Central Bank Financial Strength and Credibility: A Simple Dynamic Optimization Model," Discussion Paper Series 102, School of Economics, Kwansei Gakuin University, revised Mar 2013.
- Ake Lonnberg & Peter Stella, 2008. "Issues in central bank finance and independence," FRB Atlanta Working Paper 2008-13, Federal Reserve Bank of Atlanta.
- Atsushi Tanaka, 2021. "Central Bank Capital and Credibility: A Literature Survey," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(2), pages 249-262, June.
- David Archer & Paul Moser-Boehm, 2013. "Central bank finances," BIS Papers, Bank for International Settlements, number 71.
- Zbigniew Polański & Mikołaj Szadkowski, 2021. "An accounting-based model of seigniorage, and recent monetary developments," Bank i Kredyt, Narodowy Bank Polski, vol. 52(5), pages 391-436.
- Atsushi Tanaka, 2020. "Monetary Base Controllability after an Exit from Quantitative Easing," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(3), pages 123-134.
- Schwarz Claudia & Karakitsos Polychronis & Merriman Niall & Studener Werner, 2015.
"Why Accounting Matters: A Central Bank Perspective,"
Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 5(1), pages 1-42, March.
- Studener, Werner & Merriman, Niall & Schwarz, Claudia & Karakitsos, Polychronis, 2014. "Why accounting matters: a central bank perspective," Occasional Paper Series 153, European Central Bank.
- Buiter, Willem H., 2007.
"Seigniorage,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 1, pages 1-49.
- Buiter, Willem H., 2007. "Seigniorage," Economics Discussion Papers 2007-8, Kiel Institute for the World Economy (IfW Kiel).
- Willem H. Buiter, 2007. "Seigniorage," NBER Working Papers 12919, National Bureau of Economic Research, Inc.
- Buiter, Willem H., 2007. "Seigniorage," LSE Research Online Documents on Economics 3322, London School of Economics and Political Science, LSE Library.
- Willem Buiter, 2007. "Seigniorage," CEP Discussion Papers dp0786, Centre for Economic Performance, LSE.
- Buiter, Willem, 2007. "Seigniorage," CEPR Discussion Papers 6152, C.E.P.R. Discussion Papers.
- Buiter, Willem H., 2007. "Seigniorage," LSE Research Online Documents on Economics 19733, London School of Economics and Political Science, LSE Library.
More about this item
Keywords
WP; central bank; income statement; weak central banks; seigniorage; governance; central banking; central bank recapitalization; revenue base; expenditure performance index; strong central banks; Distressed institutions; Personal income; Currencies; International reserves; Global;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2006/058. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.