Currency substitution
Currency substitution in Romania
... of Currency or Monetary Instruments – collected by US Customs, and the data comprises only inflows/outflows of sums exceeding ...of currency substitution is highly correlated with the proxy ...
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Does currency substitution affect exchange rate uncertainty? the case of Turkey
... The traditional generalized ARCH (GARCH) methodology of Bollerslev (1986) and its more recent variants such as treshold GARCH (TARCH) proposed by Zakoïan (1994) and Glosten et al. (1993), exponential GARCH proposed by ...
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Exchange Rate Volatility, Currency Substitution and Monetary Policy in Nigeria
... one currency co- ...to currency substitution/deposit dollarization as a culprit (Calvo, 1996; Reinhart, Rogoff and Savastano, 2003; Walsh, 2003 and Agenor, ...by currency substitution ...
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Currency substitution in the transition economy: a case of the Czech Republic 1993 2001
... of currency substitution in small open transition economies, stating the initial conditions and the process of transformation as similar for the countries ...determining currency substitution ...
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The Relationship between Inflation, Exchange Rate, and Currency Substitution: Evidence from Panel Vector Error Correction Model Approach
... Currency substitution or dollarization has been analyzed extensively in the previous literature both in the least developed and developing ...on currency substitution demonstrated on the ...
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Turkish money demand, revisited: some implications for inflation and currency substitution under structural breaks
... circulation by constructing a money demand model upon the Turkish economy. Our estimation results reveal that the most significant alternative cost to demand for money is the depreciation rate of nominal exchange rate ...
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The Degree of Currency Substitution and Exchange Rate Pass Through
... of currency substitution on ERPT is a hitherto neglected force, despite being an essential part of the analysis of ...and currency substitution concepts have been discussed ...and ...
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Exchange Rate Volatility and the extent of Currency Substitution in Nigeria
... of currency substitution and attempts to gauge its magnitude in ...foreign currency deposits in Nigeria and the ratio of deposits denominated in foreign currency in the domestic banking system ...
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Does Currency Substitution Affect Exchange Rate Volatility?
... foreign currency by comparing their usefulness as a means of payment and as a store of ...a currency as a means of payment depends on its general ...a currency, the more useful it ...of ...
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Currency substitution in an oil rich CIS country: The case of Azerbaijan
... documented currency substitution between ruble and dollar assets by estimating demand functions for different monetary ...the currency substitution in Russia after the crisis period, 1999 ...
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Financial sector development and the macrodynamics of ‘de facto’ dollarisation in developing countries: the case of Ghana
... countries in the 1970s, strongly oppose the concept of financial liberalisation as a means of achieving financial development. In their view, wholesale liberalisation will most likely lead to macroeconomic instability ...
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Diversified Currency Holdings and Exchange Rate Dynamics
... diversified currency holdings, until now, it was not clearly to distinguish the terms between “currency preferences” and “currency substitution” in previous studies ...“perfect ...
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货币替代中的价值效应与网络效应
... Abstract: This paper builds an inter-temporal model to study the value and network effects in the process of currency substitution. According to our model, we can define the inaction area and malignant area ...
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Revisiting the Impacts of Exchange Rate Movement on the Dollarization Process in Cambodia
... the currency substitution process is stronger than that of higher Riel appreciation ...the currency substitution process toward foreign currency holdings ...foreign currency, ...
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Advantages and disadvantages of demonetization: A case study of Vijayapura City, Karnataka State
... Demonetization is bold step of Government towards economic development of India. Demonetization policy is most discussed topic in every corner of India during eve of 2016. The main objective of demonetization is to curb ...
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Impact of Exchange Rate Movements on Indian Firm Performance
... of currency diversification for firms when exposure is ...of currency may affect exposure. A currency will not be high-risk if a currency devaluation or currency appreciation is ...
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Economic Surgery: Money Value Transfer and Storage
... Jackson [11] revealed the alarming rate of increased debt of African nations. In his online write up “The African Crisis: Drought and Debt” he stated that foreign debts of African nations has increased so rapidly in ...
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Currency Value
... the currency value measure we put forth in this paper relies on adjustments for country-specific fundamentals, most of which are fairly common in the literature and for which data are easily ...
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1. Legality of the bit coins: new medium of exchange in indian market
... The main idea of electronic payment system is based on the cryptographic proof instead of trust allowing any interested two parties to transact directly with each other without any form of entrusted third party. Bit ...
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Recent developments in the international use of currencies: Towards a tripolar regime?
... Breakdown of world exports by principal region and currency: 1980, 1992 Breakdown of national exports by currency of denomination: 1980, 1992 Breakdown of national imports by currency of[r] ...
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