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

2007-12-15

Authors

Galán-Camacho, Jorge E.
Sarmiento, Miguel

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ISSN

ISBN

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.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

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

Description

JEL Codes

C43 - Index Numbers and Aggregation
E50 - Monetary Policy, Central Banking, and the Supply of Money and Credit: General
C33 - Multiple/Simultaneous Equation Models; Multiple Variables: Panel Data Models; Spatio-temporal Models
C23 - Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models

Temática

Keywords

Keywords

Central banks , Banknote printing , Efficiency frontier , Cost function , Panel data , Malmquist index

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5493
 https://hdl.handle.net/20.500.12134/5493
 https://ideas.repec.org/p/bdr/borrec/476.html
 https://doi.org/10.32468/be.476

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Borradores de Economía

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