Money and Credit Under Currency Substitution /
This paper examines the effects on the supply of money and credit of a repatriation of foreign assets in an economy subject to currency substitution. In the absence of 100 percent reserve requirements, such a change in the location of deposits, which is not compensated by an increase in money demand...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Серии: | IMF Working Papers; Working Paper ;
No. 1992/099 |
| Online-ссылка: | Full text available on IMF |