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|c 5.00 USD
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|z 9781451977295
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Currency Substitution and Financial innovation.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1989.
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| 300 |
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|a 1 online resource (24 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 presents a cash-in-advance framework, with variable income velocity, where the domestic effects, as well as the international transmission, of financial innovation can be analyzed. In particular, the discussion emphasizes the role of currency substitution and of cross-border transfers of seigniorage in determining the general equilibrium effects of financial innovation.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1989/039
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1989/039/001.1989.issue-039-en.xml
|z IMF e-Library
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