Neumann, Manfred J. M. - In: Monetary and Economic Studies 14 (1996) 1, pp. 104-142
The paper presents a comparative study of the generation and distribution of seigniorage in Germany and Japan for the … sample period 1961-91. Several measures of seigniorage are analysed and a comprehensive framework for measurement of the … sources and uses of seigniorage is developed.Specifically,it is shown that the conventional concept of monetary seigniorage …