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Currency substitution and the demand for money in Mexico
Demand functions for broad money and foreign currency deposits are estimated using quarterly Mexican data for the period 1978:1 to 2000:4. Significant evidence is found for currency substitution in the broad money equation. While the demand function for foreign currency deposits is harder to interpr...
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| Main Authors: | , |
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| Format: | Default Article |
| Published: |
2003
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/2058 |
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