Banknote printing at modern central banking: trends, costs, and efficiency

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Borradores de Economía; No. 476
Date published
2007-12-15
Date of last update
2007-12-15
Author
Galán-Camacho, Jorge E.
Sarmiento, Miguel
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
This paper examines trends in banknote printing during the period 2000-2005 for a crosssection of 56 central banks. It was identified that central banks have implemented new strategies to increase efficiency in the production of banknotes, primarily due t
JEL Codes
C43 - Index Numbers and AggregationE50 - Monetary Policy, Central Banking, and the Supply of Money and Credit: GeneralC33 - Multiple/Simultaneous Equation Models; Multiple Variables: Panel Data Models; Spatio-temporal ModelsC23 - Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Keywords
Central banks ; Banknote printing ; Efficiency frontier ; Cost function ; Panel data ; Malmquist index ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5493
https://hdl.handle.net/20.500.12134/5493
https://doi.org/10.32468/be.476
https://ideas.repec.org/p/bdr/borrec/476.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit