Research Discussion Paper – RDP 2013-01 Currency Demand during the Global Financial Crisis: Evidence from Australia

Contents

• Introduction
• Financial Crises and Currency Demand
• Currency Demand Data
• Modelling Currency Demand in Australia
• Conclusion
• Appendix A: Data
• References

We thank Michael Andersen, Michele Bullock, Alex Heath, Jonathan Kearns, Christopher Kent, Michael Plumb, Alexandra Rush and Peter Tulip for their comments and especially thank Rohan Alexander, who was integral to the initial stages of this project. The views in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. The authors are solely responsible for any errors.

The Discussion Paper series is intended to make the results of the current economic research within the Reserve Bank available to other economists. Its aim is to present preliminary results of research so as to encourage discussion and comment. Views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank. Use of any results from this paper should clearly attribute the work to the authors and not to the Reserve Bank of Australia.

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