The study on the Currency Substitution under the background of RMB appreciation

Currency substitution is an ineluctable and wild existing financial phenomenon in open economy. It can be essentially understood as the substitution of the functions of domestic currency by foreign currency, and can also be analysed from the aspect of the motive of demand for money. Among all the de...

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Bibliographic Details
Main Author: Yang, Ziyu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/25792/