Article ID Journal Published Year Pages File Type
5062232 Economics Letters 2007 6 Pages PDF
Abstract

When two countries are identical and perfectly integrated, symmetric government transaction policies are necessary and sufficient for perfect substitutability between currencies. When government transaction policies are symmetric and integration is not perfect, the national money is more valued within borders.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Asymmetric government transaction policies and currencies substitutability
Authors
, ,