Econpapers vehicle currency use in international trade


Econpapers vehicle currency use in international trade


The model is designed to contrast the contribution of macroeconomic variability with that of industry-specific features in the selection of an unternational currency. We show that producers in industries with high demand elasticities are more likely than producers in other industries to display herding in their choice of currency.

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Econpapers currency trade in international vehicle use

Econpapers vehicle currency use in international trade

Econpapers currency trade in international vehicle use



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