Currency substitution:: new evidence from emerging economies

被引：18

作者：

Selçuk, F ^{[1
]}

机构：

[1] Bilkent Univ, Dept Econ, TR-06533 Ankara, Turkey

来源：

ECONOMICS LETTERS | 2003年 / 78卷 / 02期

关键词：

currency substitution; emerging economies; money-in-the-utility-function;

D O I：

10.1016/S0165-1765(02)00207-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper provides new empirical evidence for currency substitution in different emerging market economies. Estimation results from a money-in-the-utility-function framework indicate that foreign currencies are strong substitutes for domestic currency in producing liquidity services. (C) 2002 Elsevier Science B.V. All rights reserved.

引用

页码：219 / 224

页数：6

共 50 条

[31] The transactions demand for money in the presence of currency substitution: evidence from Vietnam
Adam, C
Goujon, M
Jeanneney, SG
APPLIED ECONOMICS, 2004, 36 (13) : 1461 - 1470
[32] Real exchange rates and optimum currency areas:: Evidence from developed economies
Horváth, R
Kucerová, Z
FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 2005, 55 (5-6): : 253 - 266
[33] Shortage and currency substitution in transition economies: Bulgaria, Hungary, Poland, and Romania
Robert F. Mulligan
Erwin Nijsse
International Advances in Economic Research, 2001, 7 (3) : 275 - 295
[34] Currency Substitution and Central Bank Independence in the Central and Eastern European Economies
Bouyon, Sylvain
JOURNAL OF ECONOMIC INTEGRATION, 2009, 24 (04) : 597 - 633
[35] Currency Crises in Transition Economies: Some Further Evidence
Liargovas, Panagiotis
Dapontas, Dimitrios
JOURNAL OF ECONOMIC ISSUES, 2008, 42 (04) : 1083 - 1099
[36] Exchange Rate Volatility and Exports: New Empirical Evidence from the Emerging East Asian Economies
Chit, Myint Moe
Rizov, Marian
Willenbockel, Dirk
WORLD ECONOMY, 2010, 33 (02): : 239 - 263
[37] Dynamic spillovers of geopolitical risks and gold prices: New evidence from 18 emerging economies
Li, Yingli
Huang, Jianbai
Chen, Jinyu
RESOURCES POLICY, 2021, 70
[38] New perspectives on the rise and fall of global imbalances: evidence from large emerging market economies
Banerjee, Krittika
Goyal, Ashima
REVIEW OF WORLD ECONOMICS, 2024, 160 (02) : 541 - 583
[39] The relationship between renewable energy consumption and trade openness: New evidence from emerging economies
Zeren, Feyyaz
Akkus, Hilmi Tunahan
RENEWABLE ENERGY, 2020, 147 : 322 - 329
[40] Competition in the banking sector: New evidence from a panel of emerging market economies and the financial crisis
Apergis, Nicholas
EMERGING MARKETS REVIEW, 2015, 25 : 154 - 162

← 1 2 3 4 5 →