Currency Substitution: Theory and Evidence from Latin America Victor A. Canto, Gerald Nickelsburg

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Victor A. Canto, Gerald Nickelsburg - «Currency Substitution: Theory and Evidence from Latin America»

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"Currency Substitution" provides a theoretical analysis of monetary phenomena for developing countries and demonstrates that the phenomena of currency substitution and inflation are conceptually different than in industrial countries.

Analysis is presented in both general equilibrium form and in aggregate form and represents a new approach to the problem of inflation in developing countries. A welfare analysis demonstrates the optimality of intervention policies. The theory is supported by an analysis of the experience of four Latin American countries: The Dominican Republic, Argentina, Ecuador and Venezuela.

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Полное название книги Victor A. Canto, Gerald Nickelsburg Currency Substitution: Theory and Evidence from Latin America
Авторы Victor A. Canto, Gerald Nickelsburg
Ключевые слова валюта
Категории Деловая литература, Экономика
ISBN 898381959
Издательство
Год 1987
Название транслитом currency-substitution-theory-and-evidence-from-latin-america-victor-a-canto-gerald-nickelsburg
Название с ошибочной раскладкой currency substitution: theory and evidence from latin america victor a. canto-gerald nickelsburg