Smuggling, Currency Substitution and Unofficial Dollarization : A Crime-Theoretic Approach /

Large stocks of U.S. dollars and other hard currencies circulate in the transition economies, in Latin America, and in other countries that have experienced macroeconomic mismanagement. Using a monetary model that combines the legal restrictions and crime-theoretic traditions, this paper demonstrate...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Mourmouras, Alex
Weitere Verfasser: Russell, Steven
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/176
Online Zugang:Full text available on IMF