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Original Articles

GMM estimation of currency substitution in a high-inflation economy: evidence from Turkey

Pages 225-227 | Received 08 May 1996, Published online: 02 Nov 2006

References

  • Eichenbaum , M.S. , Hansen , L.P. and Singleton , K.J. 1988 . A time series analysis of representative agents models of consumption and leisure choice under uncertainty . Quarterly Journal of Economics , 103 : 51 – 78 .
  • Giovannini, A. and Turtelboom, B. (1992) Currency substitution. NBER Working Paper, 4232.
  • Hansen , L.P. 1982 . Large simple properties of generalized method of moments estimators . Econometrica , 50 : 1029 – 54 .
  • Lmrohoroğlu , S. 1994 . GMM estimates of currency substitution between the Canadian dollar and the US, dollar . Journal of Money, Credit, and Banking , 26 ( 4 ) : 792 – 807 .
  • Sel¸uk , F. 1994 . Currency substitution in Turkey . Applied Economics , 26 : 509 – 18 .

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