Banknote Printing at Modern Central Banking: Trends, Costs, and Efficiency

Borradores de Economia
Número: 
476
Publicado: 
Clasificación JEL: 
E50, C33, C23, C43
Palabras clave: 
Central banks, Banknote Printing, Efficiency Frontier, Cost Function

Lo más reciente

Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro
Jesús Alonso Botero-García, Ligia Alba Melo-Becerra, Cristian Castrillón Gaviria, Daniela Gallo

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