The loss of interest for the euro in Romania
Claudiu Albulescu () and
Dominique P\'epin
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Dominique P\'epin: CRIEF
Papers from arXiv.org
Abstract:
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.
Date: 2016-09
New Economics Papers: this item is included in nep-eec, nep-mon and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1609.01900
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