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|c 5.00 USD
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|z 9781451845884
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Calvo, Guillermo.
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|a Currency Substitution in Developing Countries :
|b An Introduction /
|c Guillermo Calvo, Carlos Vegh Gramont.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1992.
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|a 1 online resource (32 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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 changes in the rate of growth of the money supply on the real exchange rate; fourth, the interaction between inflationary finance and currency substitution; and, finally, issues related to the empirical verification of the currency substitution hypothesis.
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|a Mode of access: Internet
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|a Vegh Gramont, Carlos.
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|a IMF Working Papers; Working Paper ;
|v No. 1992/040
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1992/040/001.1992.issue-040-en.xml
|z IMF e-Library
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