ijccr-2012-pfajfar-et-al5 - are alternative currencies a substitute or a complement to fiat money -...

8/13/2019 Ijccr-2012-Pfajfar-et-Al5 - Are Alternative Currencies a Substitute or a Complement to Fiat Money - Evidence From Cross-Country Data

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International Journal of

Community Currency ResearchVolume 16 (2012) Section A 45 - 56

ARE ALTERNATIVE CURRENCIES A SUBSTITUTE ORA COMPLEMENT TO FIAT MONEY? EVIDENCEFROM CROSS-COUNTRY DATADamjan Pfajfar*, Giovanni Sgro**, And Wolf Wagner *

*European Banking Center, Tilburg University!! !"#$ &'( )#*+(#"*,'#"- .+**-+/+#*0

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International Journal Of Community Currency Research 2012 Volume 16 (A) 45-56 Pfajfar Et. Al

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