Dollarization and currency exchange Craig, Ben; Waller, Christopher J

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Craig, Ben ; Waller, Christopher J
Appears In
Journal of Monetary Economics
Monetary policy -- Analysis; Foreign exchange -- Prices and rates; Market trend/market analysis
Academic; Trade
The research is done to study the dollarization or currency substitution via its use as a medium of exchange in a dual-currency economy. The analysis revealed the predictions regarding, how the values of currencies change after various changes in policy regimes and its effect on the exchange rate.
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