Measurement of Co-Circulation of Currencies /

'Co-circulation' involves the regular use of two or more currencies within an economy. This paper examines methodologies to measure the extent to which foreign currencies are circulated within an economy. Ample anecdotal evidence exists that the U.S. dollar, DM, and other currencies are wi...

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Bibliographic Details
Main Author: Krueger, Russell
Other Authors: Ha, Jiming
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/034
Online Access:Full text available on IMF