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Experimental Study on Mechanical and Microstructural Properties of Foam Concrete Incorporating Desert Sand as Partial Fine Aggregate. [PDF]
Tuerhong A +5 more
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Hyperinflation with Currency Substitution: Introducing an Indexed Currency
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Self-Calibrating Ratiometric DNA Aptamer Probe for Quantitative ATP Imaging in Living Cells. [PDF]
Xu Y +5 more
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Energy-Rich Molecules and Group Transfer Potentials in Energetic Coupling Reactions. [PDF]
Bettendorff L, Wins P.
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Smart Devices in Optometry: Current and Future Perspectives to Clinical Optometry. [PDF]
Ramamurthy D +5 more
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Currency substitution in Thailand
Journal of Policy Modeling, 2001Abstract In this article we investigate whether currency depreciation in Thailand has resulted in currency substitution away from the Thai baht. By using quarterly data over the 1977–90 period and an M2 money demand function that includes the exchange rate in addition to income and interest rate, we show that indeed depreciation of the baht has ...
Mohsen Bahmani-Oskooee
exaly +2 more sources
Asian Economic Journal, 2016
This study investigates the determinants of currency substitution in Laos based on the function of money demand. The empirical model is estimated using the autoregressive distributed lag approach to cointegration for the period 1993–2012. Our estimation results indicate that the interest rate differential is a significant currency substitution ...
Toshihisa Toyoda
exaly +2 more sources
This study investigates the determinants of currency substitution in Laos based on the function of money demand. The empirical model is estimated using the autoregressive distributed lag approach to cointegration for the period 1993–2012. Our estimation results indicate that the interest rate differential is a significant currency substitution ...
Toshihisa Toyoda
exaly +2 more sources
Currency substitution and speculative attacks on a currency board system
Journal of International Money and Finance, 2002Abstract A currency board arrangement (CBA) is supposed to be robust against attacks. Currency substitution complicates life, with controversial implications for floating versus fixed exchange rate regimes. After reporting evidence of currency substitution in Hong Kong, a monetary model incorporating currency substitution is used to estimate the ...
Yue Ma
exaly +2 more sources

