Construct · 1 fields · 1 citations

currency substitution: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
currencysubstitution1 CONSTRUCTCurrency substitutionGIRTON · INTERNATIONAL

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International macroeconomics

the holding of foreign currency in place of domestic money, which links money demand across countries and weakens monetary autonomy.

In international macroeconomics, currency substitution refers to the holding of foreign currency in place of domestic money, which links money demand across countries and weakens monetary autonomy. This meaning comes from Girton (1981) in Journal of Money, Credit and Banking.[1]

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Nearby constructs

autonomy6 fields · 14 citationsjingle · one name, six constructscredit2 fields · 2 citationsjingle · one word, two constructsdemand4 fields · 4 citationsjingle · one word, four constructs

References

  1. Girton, L., & Roper, D. (1981). Theory and Implications of Currency Substitution. Journal of Money, Credit and Banking, 13(1), 12. https://doi.org/10.2307/1991805

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