Läufer, Nikolaus K. A. - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2003
To deal with changes of capitalized seignorage due to EMU, we supply the still missing capital-theoretical framework …. We show that seignorage pooling of EMU is composed of two components, a dynamic component and a static component. By its … EMU-changes of capitalized seignorage in two scenarios for Germany. Estimates of changes in the literature are examined …