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Currency substitution versus dollarization: A portfolio balance model

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  • Alami, Tarik H.

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  • Alami, Tarik H., 2001. "Currency substitution versus dollarization: A portfolio balance model," Journal of Policy Modeling, Elsevier, vol. 23(4), pages 473-479, May.
  • Handle: RePEc:eee:jpolmo:v:23:y:2001:i:4:p:473-479
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    References listed on IDEAS

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    1. McKinnon, Ronald I, 1982. "Currency Substitution and Instability in the World Dollar Standard," American Economic Review, American Economic Association, vol. 72(3), pages 320-333, June.
    2. Agenor, Pierre-Richard & Khan, Mohsin S., 1996. "Foreign currency deposits and the demand for money in developing countries," Journal of Development Economics, Elsevier, vol. 50(1), pages 101-118, June.
    3. Mohamed El-Erian, 1988. "Currency Substitution in Egypt and the Yemen Arab Republic: A Comparative Quantitative Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 35(1), pages 85-103, March.
    4. Mr. Benedict J. Clements & Mr. Gerd Schwartz, 1992. "Currency Substitution: The Recent Experience of Bolivia," IMF Working Papers 1992/065, International Monetary Fund.
    5. C. L. Ramirez-Rojas, 1985. "Currency Substitution in Argentina, Mexico, and Uruguay (Substitution de monnaie en Argentine, au Mexique et en Uruguay) (Sustitución de moneda en Argentina, México y Uruguay)," IMF Staff Papers, Palgrave Macmillan, vol. 32(4), pages 629-667, December.
    6. Handa, Jagdish & Bana, Ismail Mohamed, 1990. "Currency Substitution and Transactions Costs," Empirical Economics, Springer, vol. 15(3), pages 231-243.
    7. Cuddington, John T. & Cuddington, John T., 1983. "Currency substitution, capital mobility and money demand," Journal of International Money and Finance, Elsevier, vol. 2(2), pages 111-133, August.
    8. Calvo, Guillermo & Vegh, Carlos, 1992. "Currency Substitution in Developing Countries: An Introduction," MPRA Paper 20338, University Library of Munich, Germany.
    9. Kim, Kyung-Soo, 1985. "Currency substitution in a production economy," Journal of International Economics, Elsevier, vol. 18(1-2), pages 141-158, February.
    10. Darrat, Ali F. & Al-Mutawa, Ahmed, 1996. "Modelling money demand in the United Arab Emirates," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(1), pages 65-87.
    11. Isaac, Allan G., 1989. "Exchange rate volatility and currency substitution," Journal of International Money and Finance, Elsevier, vol. 8(2), pages 277-284, June.
    12. Bufman, G. & Leiderman, L., 1992. "Simulating an Optimizing Model of Currency Substitution," Papers 6-92, Tel Aviv - the Sackler Institute of Economic Studies.
    13. Calomiris, Charles W & Domowitz, Ian, 1989. "Asset Substitution, Money Demand, and the Inflation Process in Brazil," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 21(1), pages 78-89, February.
    14. Rogers, John H., 1992. "Convertibility risk and dollarization in Mexico: a vectorautoregressive analysis," Journal of International Money and Finance, Elsevier, vol. 11(2), pages 188-207, April.
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    Cited by:

    1. Whited, Hsin-hui I. H., 2004. "Comment on "Currency substitution versus dollarization: a portfolio balance model"," Journal of Policy Modeling, Elsevier, vol. 26(1), pages 113-116, January.
    2. Alami, Tarik H., 2004. "Counter-argumentations on a comment of Tarik H. Alami's Currency Substitution vs. Dollarizaion: a Portfolio Balance Model, Journal of Policy Modeling 23 (2001) 473-479," Journal of Policy Modeling, Elsevier, vol. 26(1), pages 117-122, January.
    3. Bouhdaoui, Y. & Bounie, D. & Van Hove, L., 2013. "When do plastic bills lower the bill for the central bank? A model and estimates for the U.S," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 45-60.
    4. Fischer, Björn & Köhler-Ulbrich, Petra & Seitz, Franz, 2004. "The demand for euro area currencies: past, present and future," Working Paper Series 330, European Central Bank.
    5. Michael J. Pisani & Thomas M. Fullerton, Jr., 2013. "Microenterprise Peso Acceptance in El Paso, Texas," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 75-94, November.
    6. Yoskowitz, David W. & Pisani, Michael J., 2007. "Risk and reward: Currency substitution and acceptance of the Mexican peso by firms in the United States southern frontier," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(3), pages 422-434, July.

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