New decimal currencies' relationships with their predecessors
Jerry Mushin ()
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2010, vol. 39, issue 2, 316-318
Abstract:
The choice of the conversion ratio between a newly established decimal currency and its predecessor depends on the perceived importance of ease of conversion, accuracy of conversion, durability, and sentimental attachment, and on the net benefit of dollarisation. Twentieth-century experience shows several types of outcome.
Keywords: Decimal; currencies; Conversion; ratio (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:39:y:2010:i:2:p:316-318
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