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Monetary review - 4th Quarter 2000
Contents
- Compilation of Seigniorage
Erik Haller Pedersen and Tom Wagener, Economics
Various methods of compiling the seigniorage on the issue of banknotes and coins are assessed. The simplest method is preferred. So far, seigniorage has not been significantly affected by the greater use of electronic means of payment.
- IMF Quotas
Thomas Enevoldsen, International Relations
The member countries' IMF quotas are determined politically against the back-ground of formulas which are reviewed from time to time. The article considers the significance of the quotas and their historical development up to a recently published proposal for quota revision.
- Stock Prices, Property Prices and Monetary Policy
Steen Ejerskov, Economics
On the basis of the strong increases in stock and property prices in a number of countries in recent years the article reviews the pros and cons of the central bank attempting to stabilise these prices.
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