The loss of interest for the euro in Romania
  We generalize a money demand micro-founded model to explain Romanians' recent loss of interest for the euro. We show that the reason behind this loss of interest is a severe decline in the relative degree of the euro liquidity against that of the Romanian leu. 
Claudiu Albulescu (CRIEF), Dominique P\'epin (CRIEF)
q-fin.GN