Can Currency Demand Be Stable Under a Financial Crisis? : The Case of Mexico /

The paper finds strong evidence that real currency demand in Mexico remained stable throughout and after the financial crisis in Mexico. Cointegration analysis using the Johansen-Juselius technique indicates a strong cointegration relationship between real currency balances, real private consumption...

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Détails bibliographiques
Auteur principal: Khamis, May
Autres auteurs: Leone, Alfredo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1999.
Collection:IMF Working Papers; Working Paper ; No. 1999/053
Accès en ligne:Full text available on IMF