Dollarization and inflation in a two-country optimization model
AbstractIn a two-country, two-currency model, this paper examines the conditions of dollarization, analyzes the effect of government inflation finance and studies the strategic interdependence of different-currency inflation.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of International Money and Finance.
Volume (Year): 12 (1993)
Issue (Month): 2 (April)
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Web page: http://www.elsevier.com/locate/inca/30443
Other versions of this item:
- Heng-fu Zou, 1995. "Dollarization and inflation in a two-country optimization model," CEMA Working Papers 96, China Economics and Management Academy, Central University of Finance and Economics.
- F30 - International Economics - - International Finance - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Calvo, Guillermo A & Rodriguez, Carlos Alfredo, 1977. "A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 617-25, June.
- Chan Wang & Heng-fu Zou, 2013. "Optimal monetary and tariff policy in open economies," CEMA Working Papers 587, China Economics and Management Academy, Central University of Finance and Economics.
- Chan Wang & Heng-fu Zou, 2013. "Optimal monetary policy in open economies: the role of reference currency in vertical production and trade," CEMA Working Papers 586, China Economics and Management Academy, Central University of Finance and Economics.
- Chan Wang & Heng-fu Zou, 2012.
"On the efficiency of monetary and fiscal policy in open economies,"
CEMA Working Papers
534, China Economics and Management Academy, Central University of Finance and Economics.
- Chan Wang & Heng-fu Zou, 2013. "On the efficiency of monetary and fiscal policy in open economies," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 179-206, May.
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