Results 91 to 100 of about 61,141,350 (295)

Liquidity Shocks and the Dollarization of a Banking System [PDF]

This paper shows how uncertainty about liquidity demand can lead to a high degree of dollarization in the banking system. I study a model where the demand for currency in each period is random, and where it is easier for banks to borrow in local currency
Carlos Gustavo Machicado
core  

Mexico versus Canada: Stability Benefits from Making Common Currency with USD?

The Journal of Entrepreneurial Finance, 2005
Using a de facto classification of exchange-rate regimes, this paper investigates how the volatility of PPP-GDP per person and per hour of work is associated with such regimes in Mexico and in Canada.
George M. von Furstenberg
doaj   +1 more source

Rational Expectations and Market Timing: An Event Study of the China–United States Phase One Trade Deal

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT Rational actors constantly incorporate information into their decision‐making behavior. Since there is often a time lag between the announcement of a policy and its implementation, an important question arises: when do rational actors incorporate new information into their market behavior, at the announcement or at the implementation of a ...
Tim Ölkers, Oliver Mußhoff
wiley   +1 more source

Cambodia's Persistent Dollarization: Causes and Policy Options [PDF]

Cambodia's economic and social achievements over the past ten years have been the most impressive in its history. Nevertheless, Cambodia today is still as dollarized, if not more so, than it was ten years ago.
Menon, Jayant
core  

External Balance Sheets and the COVID-19 Crisis. [PDF]

J Bank Financ, 2023
Hale G, Juvenal L.
europepmc   +1 more source

The Cow or the Credit: Causal Relationship Between California Dairy Herd Consolidation and Anaerobic Digesters

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT The California dairy industry has experienced considerable consolidation over the past 30 years. During this period, there has also been substantial technological innovation, implementation of the state's Low Carbon Fuel Standard program, and rapid adoption of anaerobic digesters.
Michael McCullough, Jarrett Hart
wiley   +1 more source

Is adopting Full Dollarization the solution? Looking at the evidence. [PDF]

The paper discusses the advantages and disadvantages of the full dollarization option and offers a few stylized facts and conclusions regarding the effects of full dollarization.
Gino Olivares, Ilan Goldfajn
core  

Exchange rate volatility, corruption, and economic growth. [PDF]

Heliyon, 2022
Ramoni-Perazzi J, Romero H.
europepmc   +1 more source

Behavioral Coping With Food Price Inflation: Patterns Among U.S. Households

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT Recent food price inflation has placed substantial pressure on household budgets, food security, and mental well‐being. Using Household Pulse Survey data, we combine k‐modes clustering and Double Machine Learning to identify distinct household coping groups and examine differences in how households respond to rising food prices across groups ...
Yuxiang Zhang, Yizao Liu
wiley   +1 more source

FINANCIAL DOLLARIZATION: Evaluating the consequences [PDF]

Financial dollarization has been placed at the forefront of the policy debate in many developing economies, for reasons that include its influence on inflation performance and, most prominently, the currency imbalance and associated financial fragility ...
Eduardo Levy-Yeyati
core