Currency Substitution and Financial innovation.
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...
| निगमित लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 1989/039 |
| ऑनलाइन पहुंच: | Full text available on IMF |