Theoretical and Applied Economics
No. 9 / 2006 (504)
Budgetary Policy and Seignorage
Academia de Studii Economice Bucuresti
Corina-Ionela Dumitrescu
Universitatea „Politehnica” Bucuresti
Abstract. At once with the development of money as medium of exchange, the feudal lords found out an easy way to obtain more monetary resources by monopolizing the coins’ mint. As result, they used to ask a certain percent from the gold quantity that people wanted to transform in coins (call brassage). Despite the fact that we are living modern times, this still happens. The governments didn’t give up to this important source of revenues; they only developed more sophisticated methods in order to increase their budget revenues. The aim of this paper (article) is to analyze these specific methods, to see how they work and to analyze the effects as well.
Keywords: seigniorage; brassage; tax inflation; economic models.
Contents
- Empiric Study about the Mix Fiscal Policy – Economic Development
Alexandru Sergiu Ocnean
- New Optics in Analysis and Work Estimation of Abroad Romanian Citizens
Nita Dobrota
Mirela Ionela Aceleanu
- Innovation Policy in European Union
Marta-Christina Suciu
- Validation Techniques of the Intern Models for Credit Risk
Nicolae Dardac
Bogdan Moinescu
- The Financial Crisis between the XXth and XXIst Centuries and the Corporate Governance
Niculae Feleaga
- Romanian Capital Market Analysis in 2006. Perspectives for 2007
Gabriela Victoria Anghelache
- Foundations of Financial Accounting Organization and Cost Calculation using Activity-Based Costing Method in Romanian Textile Industry
Sorinel Capusneanu
- Budgetary Policy and Seignorage
Liviu-Catalin Moraru
Corina-Ionela Dumitrescu