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Original Articles

Currency substitution and the demand for money in Mexico

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Pages 59-62 | Published online: 22 Oct 2010

References

  • Girton , L. and Roper , D. E. 1981 . Theory and implications of currency substitution . Journal of Money. Credit and Banking , February
  • McKinnon , R. 1982 . Currency substitution and instability in the world dollar standard . American Economic Review , 72 : 320 – 333 .
  • Melvin , M. and Ladman , J. 1991 . Coca dollars and the dollarization of South America . Journal of Money, Credit and Banking , 23 : 752 – 763 .
  • Miles , M. A. 1978 . Currency substitution, flexible exchange rates and monetary independence . American Economic Review , 68 : 428 – 436 .
  • Ortiz , G. 1983 . Currency substitution in Mexico: the dollarization problem . Journal of Money, Credit and Banking , 15 : 74 – 85 .
  • Ramirez-Rojas , C. 1985 . Currency substitution in Argentina, Mexico and Uruguay . International Monetary Fund Staff Papers , 32 : 629 – 667 .
  • Rogers , J. 1992 . The currency substitution hypothesis and relative money demand in Mexico and Canada . Journal of Money, Credit and Banking , 24 : 300 – 318 .
  • Turner , P. and Benavides , G. 2001 . The demand for money and inflation in Mexico 1980–1999: implications for stability and real seigniorage revenues . Applied Economics Letters , 8 : 775 – 778 .

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