On the theory of international financial intermediation
Article Abstract:
The different theoretical approaches explaining international financial intermediation are presented. International financial intermediation is any financial change that incorporates a cross-country dimension. The importance of international financial intermediation is evident in the growth of net international financing from 1975 to 1990. International financial intermediation possesses fundamental differences from financial intermediation, which focus on the transformation offinancial liabilities and assets.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1992
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The distribution of seigniorage in the Netherlands
Article Abstract:
A study on the distribution of seigniorage between the government of the Netherlands and the central bank is presented. Seigniorage is viewed as the 'distribution of revenue from the monetary monopoly.' An accounting framework is formulated that shall consider the stock and flow of monetary revenue. Analysis reveals that despite a significant accumulation of revenue from money during the period of 1949-1989, the central government had not, in fact, benefited from its monetary monopoly.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1992
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Can abatement overcome the conflict between environment and economic growth?
Article Abstract:
The influence of pollution and abatement policies on economic development is investigated within the framework of endogenous growth theory. Specifically, it is shown that pollution has a negative effect on productivity of production activities and human capital accumulation. This, however, may be reduced by tight abatement policies and investments in abatement technologies.
Publication Name: De Economist
Subject: Economics
ISSN: 0013-063X
Year: 1995
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