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- W2012122021 abstract "Evidence from the franc zone suggests that a quarter (in the BCEAO region) to a half (in the BEAC region) of seigniorage accruing to the central bank finds its way to the fiscal authorities. This share has increased throughout 1976–1991, as have the operating expenses of the central banks. In the BCEAO region, there has been a shift in seignoirage toward the larger (and richer) members of the mone- tary union — more so than in the BEAC region. This is attributed to the dividend distribution regimes, credit allocation process, and events in the financial sector in each monetary union." @default.
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- W2012122021 date "1995-10-01" @default.
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- W2012122021 title "The allocation of seigniorage in the Franc Zone: The BEAC and BCEAO regions compared" @default.
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- W2012122021 doi "https://doi.org/10.1016/0305-750x(95)00077-p" @default.
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