Currency Substitution Theory and Evidence from Latin America
| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Dordrecht
Springer Netherlands
1987, 1987
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| Edition: | 1st ed. 1987 |
| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- 1. Introduction
- References
- 2. A General Equilibrium Theory of Exchange Rates and Managed Floating
- 1. Multiple Stochastic Exchange Rate Equilibria
- 2. Price Uncertainty and Flexible Exchange Rates
- 3. A Welfare Analysis
- References
- 3. Empirical Implementation of the Instability Hypothesis
- 1. Instability and Theoretical Models
- 2. Modelling Considerations
- 3. The Model
- 4. Equilibrium with Government Intervention
- 5. Dominican Currency Crises
- 6. Concluding Remarks
- References
- 4. Currency Substitution and Small Open Economies: The Case of the Dominican Republic
- 1. Stylized Institutional Features of the Dominican Republic Parallel Market
- 2. The Empirical Model
- 3. Empirical Analysis
- 4. Summary and Conclusions
- Notes
- References
- 5. Dominant Currencies and Monetarism in Argentina
- 1. Introduction
- 2. Basic Dominant Currency Modelling Considerations
- 3. A Summary of Argentina’s Exchange Rate Systems 1956–82
- 4. The Case of Argentina
- 5. Evidence of One Way Currency Substitution
- 6. Money, Exchange Rates, and Prices
- References
- 6. Venezuela and Ecuador—Currency Substitution in Oil Economies
- 1. Stability and Homogeneity
- 2. Frequency Analysis of Money and Prices
- 3. Concluding Remarks
- References
- 7. Conclusion