Dollarization in North Korea: Evidence from a Survey of North Korean Refugees

This study measures the degree of dollarization in North Korea using results from a survey of 231 North Korean refugees. Specifically, we compare foreign currency use of households as both store-of-value substitutes (i.e., asset substitution) and transaction substitutes (i.e., currency substitution)...

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Bibliographic Details
Main Authors: Sung Min Mun, Seung Ho Jung
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2017-03-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.EAER.2017.21.1.324