The Currency Board in Bosnia and Herzegovina (BiH) uses the euro as a reserve currency in the conditions of a negative … deposits and negative yields on bonds denominated in euro on the general advantages of the currency board and the consequences … for the functioning of the currency board in BiH. The impact of negative interest rates was measured by the currency board …

The Currency Board in Bosnia and Herzegovina (BiH) uses the euro as a reserve currency in the conditions of a negative … deposits and negative yields on bonds denominated in euro on the general advantages of the currency board and the consequences … for the functioning of the currency board in BiH. The impact of negative interest rates was measured by the currency board …

This paper studies the economy of Hong Kong through the lens of a small open economy DSGE model with a currency board …-firms; the money supply is fully backed by reserves under the currency board. We estimate and evaluate the model by Indirect … examined the economy’s volatility using bootstrapping of the model innovations, under both the estimated currency board model …

country in a currency board arrangement - in the first five years after the introduction of the regime. The presence of such a … single fiscal account present on the balance sheet of the currency board. …