Seigniorage

A Study of International Seigniorage of the US Dollar

美元的国际铸币税问题研究

The thesis is written around these questions : what is seigniorage ?

论文围绕这下列问题层层展开：铸币税是什么？

Deposit - and - Loan Difference , Financial Government Control , and Seigniorage

存差、金融控制与铸币税&兼对我国M2/GDP过高之谜的再解释

Seigniorage has both positive and negative impacts on the economy .

铸币税对一国经济有利有弊。

Generally speaking , fiscal policy can affect inflation through seigniorage effect and wealth effect .

财政政策一般可以通过铸币税效应和财富效应影响通货膨胀。

On the Relationship of Financial Deficit , Seigniorage and Inflation

财政赤字、铸币收入与通货膨胀

Reserve Ratio , Seigniorage and Economic Growth

储备率、铸币收益与经济增长

Apart from the Seigniorage benefit , the international currency also could bring many other indirect benefits .

除了国际铸币税收益，人民币成为国际货币还可以带来其他许多间接收益。

Thus the fund enjoys the seigniorage of the currency notes .

外汇基金则享有铸币收益。

In this way , studying the relationship of seigniorage and the financial crisis has a realistic great meaning .

这样，就使得对于铸币税与金融危机关系的研究具有重要的现实意义。

Seigniorage is not a kind of tax but an income from casting coins .

铸币税不是一种税，而是指铸造货币所获得的收入；

Income by seigniorage is one of the most important benefits in the process of the currency internationalizing .

货币国际化为其政策主体带来的重要收益之一就是铸币收入。

Under the modern economic system , seigniorage refers to the profit gained from the Central Bank 's money issuing .

现代经济制度下，铸币税是指中央银行的货币发行所获得的利润。

But the nickel 's negative Seigniorage is even worse than the pennies .

但是五分硬币的负铸币利差比便士还更严重。

Seigniorage is really a tax on holders of money and government debt which is paid via inflation .

铸币税实际上是通过通胀对货币和国债持有人征收的税收。

The debate about seigniorage is always connected with the monetization of financial deficit .

铸币税问题的讨论一般是同财政赤字货币化问题相联系的。

For the traditional definition of the seigniorage , the excise base of it is the money base .

对于传统意义的铸币税，其税基是基础货币存量；

A Reflection on the Issue of Seigniorage

关于铸币税问题的思考

Monetary Policies During the Process of Currency Internationalizing : A Dynamic Analysis on the Optimal Path of the Income by Seigniorage

货币国际化扩张中的政策行为&基于最优铸币收入的动态分析

A Research on Seigniorage of Renminbi

人民币铸币税研究

Facing the threat of inflation , we should slow down the speed of money supply appropriately , reducing the seigniorage .

在面临通货膨胀威胁时，必须适当放慢货币供应速度，减少铸币收入。

Negative Seigniorage is when the cost of minting a coin is more than the coin 's face value .

负铸币利差就是铸造一枚硬币的成本高于这个硬币的面值。

In order to eliminate potential financial risk , it is necessary to keep the efficiency of optimal seigniorage and reinforce the independence of central bank .

为消除潜在的金融风险，保持最优铸币税的有效性，必须加强中央银行的独立性。

An Analysis of the Seigniorage Revenues in the Monetization of Financial Deficit & Beginning with the general implication of seigniorage

财政赤字货币化过程中铸币税收益问题分析&从铸币税的一般涵义谈起

Under inflation , as the real purchasing power of money declines , the government 's real seigniorage revenues is less than its nominal .

在通货膨胀情况下，货币的实际购买力下降，政府的实际铸币税收入小于其名义铸币税收入。

Seigniorage , as an important resource of government revenue , has a close contact with inflation tax , and is an inducement of financial risk .

铸币税作为政府收入的重要来源与通货膨胀税有着紧密联系，是金融风险的诱因之一。

Issuing coin money is the source of seigniorage and seigniorage is the outcome of issuing money by the Central Bank .

发行货币是铸币税的源泉，铸币税是中央银行发行货币的结果；

The RMB internationalization is our inevitable choice , it not only will bring the direct seigniorage revenue , also bring a lot of indirect benefits .

实现人民币国际化是我们必然的选择，不仅能为我国带来最直接的铸币税收益，还带来了很多其他间接收益。

And now the world has stepped into the age of electronic currency . It is self-evident that electronic currency has brought great impact on seigniorage .

当今世界已进入电子货币时代，电子货币对铸币税的冲击是不言而喻的。

Quantitative analysis RMB internationalization seigniorage revenue which can be measured . We select China neighboring countries as a sample to estimate the yuan international seigniorage income .

定量分析人民币国际化可计量的铸币税收益，选取中国周边国家为样本，估算人民币在周边国家和地区国际化后的铸币税收益。