The loss of interest for the euro in Romania

Autor:	Albulescu, Claudiu, Pépin, Dominique
Rok vydání:	2016
Předmět:	Quantitative Finance - General Finance
Druh dokumentu:	Working Paper
Popis:	We generalize a money demand micro-founded model to explain Romanians' recent loss of interest for the euro. We show that the reason behind this loss of interest is a severe decline in the relative degree of the euro liquidity against that of the Romanian leu.
Databáze:	arXiv
Externí odkaz:	http://arxiv.org/abs/1609.01900 View this record from Arxiv