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Seigniorage

On the Revenue from the Creation of Money

Autoren

164 Seiten

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Focusing on the revenues generated from currency creation, the book presents a comprehensive theory of seigniorage through an institutional lens. It categorizes economic history into three monetary regimes: commodity, fiat, and credit currencies. This analytical framework allows for an in-depth exploration of how different methods of currency issuance—such as minting coins, printing notes, and crediting private entities—impact revenue generation and their optimal levels.

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ISBN
9783319631233

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Buchvariante

2017, hardcover

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