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Currency substitution, duality, and exchange rate indeterminacy : an empirical analysis of the Venezuelan experience

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  • Jaime R. Marquez

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  • Jaime R. Marquez, 1984. "Currency substitution, duality, and exchange rate indeterminacy : an empirical analysis of the Venezuelan experience," International Finance Discussion Papers 242, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgif:242
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    File URL: http://www.federalreserve.gov/pubs/ifdp/1984/242/ifdp242.pdf
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    References listed on IDEAS

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    1. Barnett, William A., 1980. "Economic monetary aggregates--reply," Journal of Econometrics, Elsevier, vol. 14(1), pages 57-59, September.
    2. Girton, Lance & Roper, Don E, 1981. "Theory and Implications of Currency Substitution," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 13(1), pages 12-30, February.
    3. 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.
    4. Brittain, Bruce, 1981. "International Currency Substitution and the Apparent Instability of Velocity in Some Western European Economies and in the United States," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 13(2), pages 135-155, May.
    5. Miles, Marc A, 1978. "Currency Substitution, Flexible Exchange Rates, and Monetary Independence," American Economic Review, American Economic Association, vol. 68(3), pages 428-436, June.
    6. Marwah, Kanta, 1969. "An Econometric Model of Colombia: A Prototype Devaluation View," Econometrica, Econometric Society, vol. 37(2), pages 228-251, April.
    7. Jarque, Carlos M. & Bera, Anil K., 1980. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals," Economics Letters, Elsevier, vol. 6(3), pages 255-259.
    8. 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.
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    Cited by:

    1. Alberto Giovannini & Bart Turtelboom, 1992. "Currency Substitution," NBER Working Papers 4232, National Bureau of Economic Research, Inc.

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