Results 11 to 20 of about 526,911 (292)
Currency Substitution in Developing Countries [PDF]
IMF Working Papers, 1992 This paper reviews the main policy and analytical issues related to currency substitution in developing countries. The paper discusses, first, whether currency substitution should be encouraged or not; second, how the presence of currency substitution affects the choice of nominal anchors in inflation stabilization programs; third, the effects of ...
Guillermo Calvo, Carlos A. Végh Gramont
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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
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Substituting a Substitute Currency: The Case of Estonia [PDF]
, 2007 This study evaluates substitution of foreign currency balances in Estonia, a transition economy neighbouring countries participating in EMU. The focus is on substitution between dollar and euro balances in the three basic functions of money - unit of account, store of value and means of payment.
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Macroeconomic Issues In A Small Transition Economy: The Case of Latvia. [PDF]
, 2002 PhDIn a series of essays a number of important issues of macroeconomic modelling of a small transition economy are explored. The essays are unified by the common theme of dollarization or currency substitution, which is asserted to be a significant ...
Sarajevs, Vadims
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Dollarization in North Korea: Evidence from a Survey of North Korean Refugees
East Asian Economic Review, 2017 This study measures the degree of dollarization in North Korea using results from a survey of 231 North Korean refugees. Specifically, we compare foreign currency use of households as both store-of-value substitutes (i.e., asset substitution) and ...
Sung Min Mun , Seung Ho Jung
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Credibility and Convergence: Did Euroization Deliver for Montenegro? [PDF]
Ovidius University Annals: Economic Sciences Series, 2023 Using Montenegro as a case study, this paper evaluates the viability of currency substitution, in this case euroization, as a response to increased financial volatility.
Lara-Greta Merling, Kevin M. Cashman
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Industry-Level Evidence of J-Curve Effects in the SACU Region
Managing Global Transitions, 2023 Our study examines the cointegration relationship between exchange rate movements and trade balances for the five Southern African Customs Union (SACU) countries between 1995 and 2020.
Simba Mhaka +2 more
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Hyperinflation with Currency Substitution: Introducing an Indexed Currency [PDF]
Journal of Money, Credit and Banking, 1994 Currency substitution (CS) and financial adaptation are in general believed to increase the equilibrium rate of inflation. This result derives from a setup in which the government finances a certain amount of real resources through money printing and where CS reduces the base of the inflation tax.
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Currency Substitution in Turkey [PDF]
American Journal of Applied Sciences, 2005 We investigated whether the recent depreciations in the Turkish currency (Lira) resulted in the currency substitution away from Lira by using quarterly data over the period from 1987:1 to 2000: 2 with M1 and M2 monetary aggregates and income, interest rate and exchange rate.
Ismail H. Genc, Hasan Sahin, Turan Erol
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Comparing of Dollarization in Iran’s Economy with Dollarization in Argentina [PDF]
جستارهای اقتصادی, 2007 sing the Dollarization theory، this paper attempts to identify the determinants of currency substitution degree in Iran and Argentina. Despite the reduction in the volume of the dollar in some years، the trend of currency substitution has been increasing.
Mohammad Lashkari
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