Sokolova, Maria V. - 2015 - October 12, 2015, First version: December 2013
bargaining power of the participating countries lessens the reliance on "vehicle" currency and increases the probability of use … application of the vehicle currency. This indicates that the firm-level dimension should be taken into account when making … the preference of vehicle currency for the relatively cheaper goods. The robustness of these results is tested among the …