Standard

Synthetic money. / Hovanov, N.V.; Kolari, J.W.; Sokolov, M.V.

In: International Review of Economics and Finance, Vol. 16, No. 2, 2007, p. 161–168.

Research output: Contribution to journal › Article

Harvard

Hovanov, NV, Kolari, JW & Sokolov, MV 2007, 'Synthetic money', International Review of Economics and Finance, vol. 16, no. 2, pp. 161–168. <http://www.sciencedirect.com/science/article/pii/S1059056005000444>

APA

Hovanov, N. V., Kolari, J. W., & Sokolov, M. V. (2007). Synthetic money. International Review of Economics and Finance, 16(2), 161–168. http://www.sciencedirect.com/science/article/pii/S1059056005000444

Vancouver

Hovanov NV, Kolari JW, Sokolov MV. Synthetic money. International Review of Economics and Finance. 2007;16(2):161–168.

Author

Hovanov, N.V. ; Kolari, J.W. ; Sokolov, M.V. / Synthetic money. In: International Review of Economics and Finance. 2007 ; Vol. 16, No. 2. pp. 161–168.

BibTeX

@article{05159dc5ef824801b2e0a693106d7369,
title = "Synthetic money",
abstract = "This paper provides a methodology for constructing synthetic money, which is defined as an optimal currency basket that mimics a single currency. Empirical evidence is provided by constructing a synthetic dollar from a currency basket comprised of six currencies that excludes the U.S. dollar. We believe that synthetic money has a number of practical applications, including currency pegging operations by nations, denomination of global bond issues by large firms and countries, and analyses of currency movements over time by interested parties.",
keywords = "Synthetic money, Optimal currency basket, Currency invariance",
author = "N.V. Hovanov and J.W. Kolari and M.V. Sokolov",
year = "2007",
language = "English",
volume = "16",
pages = "161–168",
journal = "International Review of Economics and Finance",
issn = "1059-0560",
publisher = "Elsevier",
number = "2",

}

RIS

TY - JOUR

T1 - Synthetic money

AU - Hovanov, N.V.

AU - Kolari, J.W.

AU - Sokolov, M.V.

PY - 2007

Y1 - 2007

N2 - This paper provides a methodology for constructing synthetic money, which is defined as an optimal currency basket that mimics a single currency. Empirical evidence is provided by constructing a synthetic dollar from a currency basket comprised of six currencies that excludes the U.S. dollar. We believe that synthetic money has a number of practical applications, including currency pegging operations by nations, denomination of global bond issues by large firms and countries, and analyses of currency movements over time by interested parties.

AB - This paper provides a methodology for constructing synthetic money, which is defined as an optimal currency basket that mimics a single currency. Empirical evidence is provided by constructing a synthetic dollar from a currency basket comprised of six currencies that excludes the U.S. dollar. We believe that synthetic money has a number of practical applications, including currency pegging operations by nations, denomination of global bond issues by large firms and countries, and analyses of currency movements over time by interested parties.

KW - Synthetic money

KW - Optimal currency basket

KW - Currency invariance

M3 - Article

VL - 16

SP - 161

EP - 168

JO - International Review of Economics and Finance

JF - International Review of Economics and Finance

SN - 1059-0560

IS - 2

ER -

ID: 5019989