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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书目详细资料
主要作者: Clements, Benedict
其他作者: Schwartz, Gerd
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1992.
丛编:IMF Working Papers; Working Paper ; No. 1992/065
在线阅读:Full text available on IMF