Financial Analytics: Science and Experience

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Financial Analytics: Science and Experience

19(157) - 2013 May

Electronic money and problem of seigniorage

Vol. 6, Iss. 19, MAY 2013

Available online: 27 May 2013

Subject Heading: Banking

JEL Classification:

Smirnova O.V. PhD in Economics, Associate Professor, Department “Economy and Finance”, the Tver branch of the Russian Academy of National Economy and Public Service under the President of the Russian Federation
smirnova-ranhigs@yandex.ru

In the article the impact of the displacement of cash with electronic money to receive income from the central banks printing money (seigniorage) is revealed.

Keywords: central bank, electronic money, cash, seignorage required reserves

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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