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On the Use of Local Currency When Less Inflationary Currencies are Available: An Overlapping Generations Model

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  • Benjamin Eden

    (UCLA)

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  • Benjamin Eden, 1980. "On the Use of Local Currency When Less Inflationary Currencies are Available: An Overlapping Generations Model," UCLA Economics Working Papers 187, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:187
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    1. Stephen A. Ross, 2013. "The Arbitrage Theory of Capital Asset Pricing," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 1, pages 11-30, World Scientific Publishing Co. Pte. Ltd..
    2. Eden, Benjamin, 1976. "On the Specification of the Demand for Money: The Real Rate of Return versus the Rate of Inflation," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1353-1359, December.
    3. 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 617-625, June.
    4. Jones, Robert A, 1976. "The Origin and Development of Media of Exchange," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 757-775, August.
    5. Friedman, Milton, 1977. "Nobel Lecture: Inflation and Unemployment," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 451-472, June.
    6. Frenkel, Jacob A, 1977. "The Forward Exchange Rate, Expectations, and the Demand for Money: The German Hyperinflation," American Economic Review, American Economic Association, vol. 67(4), pages 653-670, September.
    7. John H. Kareken & Neil Wallace, 1978. "Samuelson's consumption-loan model with country-specific fiat monies," Staff Report 24, Federal Reserve Bank of Minneapolis.
    8. Robert J. Barro, 1978. "A Stochastic Equilibrium Model of an Open Economy Under Flexible Exchange Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(1), pages 149-164.
    9. Abel, Andrew & Dornbusch, Rudiger & Huizinga, John & Marcus, Alan, 1979. "Money demand during hyperinflation," Journal of Monetary Economics, Elsevier, vol. 5(1), pages 97-104, January.
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