Results 1 to 10 of about 106,816 (301)
The Demand for Currency Substitution [PDF]
Economics: Journal Articles, 2008 nema
John J. Seater
doaj +9 more sources
CURRENCY SUBSTITUTION IN INDONESIA
Benefit Jurnal Manajemen dan Bisnis, 2010 This article describes the phenomenon of currency exchange when there is high inflation in a country or it’s referred to dollarization. The phenomenon of high inflation also occurred in Indonesia in recent years when the economic crisis.
Wahyu Ario Pratomo, Wiyadi Wiyadi
doaj +1 more source
Testing of currency substitution effect on exchange rate volatility in Serbia [PDF]
Industrija, 2016 Despite numerous different definitions existing in the literature, currency substitution is generally understood as a phenomenon when domestic residents prefer to use foreign currency rather than domestic currency.
Petrović Predrag +2 more
doaj +1 more source
, 1992 This paper reviews the extensive theoretical and empirical literature on currency substitution. After discussing the ambiguity surrounding the definition of currency substitution, the paper illustrates the causes of substitutability of different currencies using a cash-in-advance model and a model where money yields liquidity services.
Alberto Giovannini, Bart Turtelboom
openaire +3 more sources
Factors Affecting Currency Substitution in Iran: With Emphasis on Inflation Uncertainty [PDF]
پژوهشهای اقتصادی, 2022 High and unpredictable inflation rates reduce the demand for domestic money and increase the demand for alternative assets such as foreign currency. Currency substitution is a situation in which foreign currency is replaced for domestic money in doing ...
sima eskandari sabzi
doaj
The Hysteresis Effect of Currency Substitution in Iran: Divisia Index Approach [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2017 This study examines the hysteresis effect of currency substitution in Iran using a model of money-in-the-utility function with two currencies (home and foreign).
Saman Ghaderi
doaj +1 more source
Estimating the effect of currency substitution on exchange rate volatility: Evidence from Ghana
Cogent Social Sciences, 2023 This paper investigates the impact of currency substitution on exchange rate volatility using monthly data from January 1990 to May 2019. The paper applies the exponential generalized autoregressive conditional heteroscedastic in mean (EGARCH-M) model as
Hadrat Yusif +2 more
doaj +1 more source
Substitution of anchor currency: challenges for trade between Iran and its major trading partners
Technological and Economic Development of Economy, 2021 The aim of the paper is to find out whether euro is a convenient substitution for U.S. dollar as an anchor currency for Iranian rial and whether this replacement would affect Iran’s international trade positively.
Zahra Zahmani +3 more
doaj +1 more source
Türkiye'de Para Politikası Şoklarının Para İkamesi Üzerindeki Asimetrik Etkisi
Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi, 2021 Bu çalışmada Türkiye ekonomisinde Ocak 2011 – Ekim 2020 döneminde para politikası şoklarının para ikamesi üzerindeki etkisi, asimetrik ilişkileri ortaya çıkaran zaman serisi testleri ile incelenmektedir.
Ferhat Şirin Sökmen
doaj +1 more source
Theory and Implications of Currency Substitution [PDF]
International Finance Discussion Papers, 1976 One of the interesting features in the study of indernational monetary theory is that some problems arise in a multi-currency context that are not so obvious in "domestic" monetary theory. One such problem which has received little attention, concerns a phenomenon that might be called "currency sunstitution." By currency substitution, abbrevieated CS ...
Lance Girton, Don E. Roper
openaire +1 more source