Las monedas paralelas: evaluación y teorías del fenómeno

Jerome Blanc

Working Papers from HAL

Abstract: Parallel money consist of means of payment and units of account of very different sorts. They are employed beside the national currencies. An inventory of parallel money on a recent period (1988-96) gives evidences of their use in " normal " circumstances. These evidences lead to question the way the economic theory considers such a phenomenon ; but it considers parallel money as fringing situations and shows great difficulties to take it into account. This text outlines the ways to a critical reappraisal of the money concept and to a general schema of monetary uses of which parallel money would be an integrant part.

Keywords: Parallel currencies; monetary uses; monetary theory; currency substitutions; Monedas paralelas; usos del dinero; teoría monetaria; substitución del dinero (search for similar items in EconPapers)
Date: 1998
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