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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Khamis, May
Övriga upphovsmän: Leone, Alfredo
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1999.
Serie:IMF Working Papers; Working Paper ; No. 1999/053
Länkar:Full text available on IMF