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
收藏
页码：219 / 224
页数：6
相关论文
共 50 条
  • [41] Determinants of the Cost of Financial Intermediation: Evidence from Emerging Economies
    Rahman, Mohammed Mizanur
    Rahman, Mahfuzur
    Masud, Md. Abdul Kaium
    INTERNATIONAL JOURNAL OF FINANCIAL STUDIES, 2023, 11 (01):
  • [42] Does trade openness affect youth unemployment? New evidence from developing and emerging economies
    Baliamoune-Lutz, Mina
    ECONOMICS BULLETIN, 2023, 43 (03): : 1502 - 1513
  • [43] Does Managerial Behaviour Matter? Evidence from Emerging Economies
    Aksar, Muhammad
    Ahmed, Jaleel
    GLOBAL BUSINESS REVIEW, 2022,
  • [44] THE IMPACT OF PROMOTER ON FIRM VALUE: EVIDENCE FROM EMERGING ECONOMIES
    Sasidharan, Aghila
    Sukumaran, Rahul
    Jose, Sobhith Mathew
    ASIAN ACADEMY OF MANAGEMENT JOURNAL, 2024, 29 (02) : 91 - 108
  • [45] Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies
    Nawaz, Tasawar
    INTERNATIONAL JOURNAL OF FINANCIAL STUDIES, 2018, 6 (02):
  • [46] Diversification, efficiency and risk of banks: Evidence from emerging economies
    Wu, Ji
    Chen, Limei
    Chen, Minghua
    Jeon, Bang Nam
    EMERGING MARKETS REVIEW, 2020, 45
  • [47] Corporate governance and efficiency in banking: evidence from emerging economies
    Andries, Alin Marius
    Capraru, Bogdan
    Nistor, Simona
    APPLIED ECONOMICS, 2018, 50 (34-35) : 3812 - 3832
  • [48] Geopolitical risk and banking performance: evidence from emerging economies
    Adel, Nabil
    Naili, Maryem
    JOURNAL OF RISK FINANCE, 2024, 25 (04) : 646 - 663
  • [49] Corruption and Firm Value: Evidence from Emerging Market Economies
    Thakur, Bhanu Pratap Singh
    Kannadhasan, M.
    Charan, Parikshit
    Gupta, C. P.
    EMERGING MARKETS FINANCE AND TRADE, 2021, 57 (04) : 1182 - 1197
  • [50] Intention to Use Mobile Commerce: Evidence From Emerging Economies
    Nhuong Bui
    Long Pham
    Williamson, Stan
    Mohebbi, Cyrus
    Hanh Le
    INTERNATIONAL JOURNAL OF ENTERPRISE INFORMATION SYSTEMS, 2020, 16 (01) : 1 - 30
12345