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Currency Substitution and the Fluctuations of Foreign-exchange Reserves with Credibly Fixed Exchange Rates

Alberto Giovannini

出版	National Bureau of Economic Research, 1991
URL	http://books.google.com.hk/books?id=1BOyAAAAIAAJ&hl=&source=gbs_api

註釋

This paper studies the fluctuations of foreign exchange reserves under a regime of credibly fixed exchange rates. The paper considers a variety of assumptions on the determinants of money demand and currency substitution.