Prices in parallel currency: The case of the exchange network of Chania, Crete

Irene Sotiropoulou

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    Abstract

    This paper investigates the prices set within the Exchange Network of Chania and tries to examine what prices are attributed to which products and services, how those prices are set and what they reveal about the values of the goods offered. Moreover, the further aim of the paper is to explore the implications of those prices concerning the function of the scheme itself, within the context of the local economy of the Chania area. The data have been gathered during regular visits to the open markets of the scheme since January 2012. Therefore, the paper attempts to contribute original research findings concerning prices in parallel currency schemes and study several important issues which arise in multiple currency practice.
    Original languageEnglish
    Pages (from-to)128-136
    JournalInternational Journal of Community Currency Research
    Volume19
    Issue numberSummer
    Publication statusPublished - 12 Mar 2015

    Bibliographical note

    The full text is available from: http://dx.doi.org/10.15133/j.ijccr.2015.013

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