Currency Substitution : The Recent Experience of Bolivia /

This paper analyzes the determinants of currency substitution in Bolivia in the period following the 1984/85 hyperinflation. We find that expected exchange rate depreciation and actual interest rate differentials between boliviano and dollar deposits in the Bolivian banking system are statistically...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Clements, Benedict
Muut tekijät: Schwartz, Gerd
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1992.
Sarja:IMF Working Papers; Working Paper ; No. 1992/065
Linkit:Full text available on IMF