Special attention is given to Montenegro. The contents of this analysis are the history of the
monetary system in Montenegro, the determining factors regarding the Euroisation of …

Axel Gastambide, francés, doctor en economía, especializado en desarrollo internacional,
ha dedicado gran parte de sus investigaciones a asuntos económicos y monetarios en el …

This paper examines the existence, causes and effects of currency substitution in Nigeria by
estimating conventional money demand equations based on a partial adjustment and an …

This article offers an internationalized view of the demand for money as applied to the Czech
Republic. The traditional money demand function, consisting purely of domestic variables, is …

All agree partial dollarization or currency substitution is a legacy of past inflation and
exchange rate instability. Some argue partial dollarization contributes to exchange rate …

Este estudio examina la magnitud, la evolución y explora las causas de la creciente
preferencia hacia activos financieros en moneda extranjera como depósito de valor …

This paper investigates the dynamics of exchange rate depreciation and currency
substitution in Sierra Leone, focusing on the period between 2020M1 to 2023M5, which is …

The 1990s were characterized by two important yet mutually connected phenomena: the
introduction of the euro as a national currency in the EU member countries, and …

Although being a relatively old phenomenon, dollarization has not been sufficiently
examined in theory, and even less in practice. Economic theory has yet to provide an …

The negative correlation between broad money and inflation emerged after the outburst of
Asian financial crisis. It poses a puzzle if it is interpreted within a widely accepted …