Two referees and the editor provided valuable comments on a previous draft. We thank Randy Wright, Neil Wallace, Cedric Tille, Nancy Stokey, Bob Lucas, and V.V. Chari for comments and discussions. We have also received valuable comments from the participants of seminars and conferences. Both authors gratefully acknowledge financial support from SSHRC and the Bank of Canada Fellowship. Devereux also acknowledges financial assistance from Target and the Royal Bank of Canada, and Shi acknowledges financial support from the Canada Research Chair. The opinions expressed in this article are the authors’ own and they do not represent the view of the Bank of Canada. Please address correspondence to: Michael B. Devereux, Department of Economics, University of British Columbia, 997-1873 East Mall, Vancouver, BC, Canada V6T 1Z1. E-mail: email@example.com.
Article first published online: 23 JAN 2013
© (2013) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association
International Economic Review
Volume 54, Issue 1, pages 97–133, February 2013
How to Cite
Devereux, M. B. and Shi, S. (2013), VEHICLE CURRENCY. International Economic Review, 54: 97–133. doi: 10.1111/j.1468-2354.2012.00727.x
Manuscript received October 2010; revised October 2011.
- Issue published online: 23 JAN 2013
- Article first published online: 23 JAN 2013
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