Camera, Gabriele (contributor); Craig, Ben R. (contributor); … - 2003 - [Elektronische Ressource]
basic form is the use of a foreign
currency alongside the home (also known as currency substitution). In this
context, a … risk gets too high substantial currency substitution
kicks in. The normative aspect of our study is that a low dollarized …), “Endogenous Currency Substitution, Inflationary Finance
and Welfare,” Journal of Money, Credit and Banking, 26, 903-916.
Craig B …