| Reference: | 1. Calvo, G.A.(1981),”Devaluation: Levels versus Rates, ”Journal of International Economic 11, pp. 165-172.
2. Calvo, G.A.(1985),”Currency Substitution and the Real Exchange Rate: The Utility Maximization Approach , ” Journal of International Money and Finance 14, pp. 175-188.
3. Calvo, G.A.(2001),”Capital Market and the Exchange Rate with Special Reference to the Dollarization Debate, ”Journal of Money, Credit and Banking 33, pp.312-334
4. Fischer, S.(1992), “Seigniorage and the Case for a National Money,” Journal of Political Economy 90, pp. 295-313.
5. Lamdany, R. and Dorlhiac, J.(1987), “The Dollarization of a Small Economy, “Scandinavian Journal of Economics 89, pp. 91-102.
6. Obstfeld, M. (1981), “Macroeconomics Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation, “Journal of Political Economy 89, pp. 1142-1161.
7. Obstfeld, M. (1981), “Capital Mobility and Devaluation in an Optimizing Model with Rational Expectations. “American Economic Review Proceedings 71, pp. 217-221.
8. Obstfeld, M. (1983), “Intertemporal Price Speculation and the Optimal Current-Account Deficit, “Journal of international Money and Finance 2, pp. 135-145.
9. Sims, Cristopher (1999), “Fiscal Consequences for Mexico of Adopting the Dollar.” Manuscript.
10.S. Schmitt-Grohe, M. Uribe(2001) ,”Stabilization Policy and the Costs of Dollarization” Journal of Money, Credit, and Banking, Vol. 33, pp. 482-509. |
