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...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1992/065 |
| Accès en ligne: | Full text available on IMF |