Since 2014
The Concept and Estimation of Direct, Indirect and "Total" Currency Substitution in Money Demand
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
The Concept and Estimation of Direct, Indirect and "Total" Currency Substitution in Money Demand
|
|
| Creator |
Natividad, Fidelina B.; Assistant Professor of Economics, University of the Philippines
|
|
| Subject |
—
|
|
| Description |
This paper reviews briefly the literature on currency substitution and presents two alternative speciļ¬cations of money demand function which take into account different forms of currency substitution. It demonstrates that the money demand function which separates direct currency substitution from indirect currency substitution is mathematically equivalent to one that combines the two effects.
|
|
| Publisher |
Philippine Review of Economics
|
|
| Contributor |
—
|
|
| Date |
1989-12-07
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/875
|
|
| Source |
Philippine Review of Economics; Vol 26, No 2 (1989)
1655-1516 |
|
| Language |
eng
|
|
| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/875/433
|
|
| Rights |
Copyright (c) 2018 Philippine Review of Economics
|
|