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Abstract
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession countries will be winners from this redistribution, for example Poland with 12.9 billion euros, Romania with 9.9 billion euros or Hungary with 3.3 billion euros. Correspondingly, the current member countries of the European Union face costs of 35.3 billion euros in total, the biggest part of which has to be borne by Germany.
| Dokumententyp: | Paper |
|---|---|
| Keywords: | European Currency Union ; Transition Economies ; European Integration ; Central Banks ; Seigniorage |
| Fakultät: | Volkswirtschaft
Volkswirtschaft > Munich Discussion Papers in Economics Volkswirtschaft > Munich Discussion Papers in Economics > Geld Volkswirtschaft > Munich Discussion Papers in Economics > Finanzmärkte Volkswirtschaft > Munich Discussion Papers in Economics > Internationaler Handel |
| Themengebiete: | 300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie
300 Sozialwissenschaften > 330 Wirtschaft |
| JEL Classification: | E58, F33, P33 |
| URN: | urn:nbn:de:bvb:19-epub-16-5 |
| Sprache: | Englisch |
| Dokumenten ID: | 16 |
| Datum der Veröffentlichung auf Open Access LMU: | 13. Apr. 2005 |
| Letzte Änderungen: | 08. Nov. 2020, 11:09 |
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