Currency Substitution : Theory and Evidence from Latin America / by Victor A. Canto, Gerald Nickelsburg.

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Canto, Victor A.
Other Authors: Nickelsburg, Gerald
Format: eBook
Language:English
Published: Dordrecht : Springer Netherlands, 1987.
Subjects:

MARC

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245 1 0 |a Currency Substitution :  |b Theory and Evidence from Latin America /  |c by Victor A. Canto, Gerald Nickelsburg. 
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505 0 |a 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. 
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