Cincibuch, Martin (contributor); Holub, Tomáš (contributor) - 2008
from the poten-
tial fiscal or quasi-fiscal reasons. In a consistent framework we discuss what real GDP growth,
price level … growth of cur-
rency in circulation supported by fast GDP growth and increasing monetisation of the economy,
etc. All these … rate and the growth rate of currency in circulation, as well as
the level of central bank profits with zero own capital …