Seigniorage : its history, its present, and its future for the European Union
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XXIII, No.1, 2011, pages 7-16
Issue:
Pages:
7-16
Author:
Abstract:
Seigniorage, the government’s revenue from the creation of money, has been a source of finance for countries from the old days to the present. The article looks at the history of seignior¬age and focuses on the future of it as a new, and true, own resource for the European Union.
Subject:
Subject (LC):
Keywords:
Seigniorage, own resources of the EU, the monetary income of the ECB
Notes:
JEL classification: E40, E50, H20, H30
