Results 91 to 100 of about 3,363 (212)

Official Dollarization: Current Experiences and Issues, Cato Journal, Vol. 20, No. 2 (Fall 2000), 179-213. [PDF]

open access: yes
The paper reviews the salient features of officially dollarized economies (with particular reference to Panama) and discusses costs and benefits of official dollarization.
Zeljko Bogetic
core  

Financial dollarization and central bank credibility [PDF]

open access: yes
Why do firms and banks hold foreign currency denominated liabilities? The authors argue that foreign currency debt, by altering the effect of a devaluation on output, has a disciplining effect when the Central Bank's objectives differ from the social ...
Quy-Toan Do, Cowan, kevin
core  

Dollarization and inflation in a two-country optimization model [PDF]

open access: yes
In a two-country, two-currency model, this paper examines the conditions of dollarization, analyzes the effect of government inflation finance and studies the strategic interdependence of different-currency inflation.
Heng-fu Zou
core  

Money Shocks in a Small Open Economy with Dollarization, Factor Price Rigidities, and Nontradeables [PDF]

open access: yes
The impact of an unanticipated monetary shock in a small open economy with dollarization, factor price rigidities, and nontradeables is re-examined in an optimizing intertemporal general equilibrium model. The framework of an earlier study is extended to
Sarajevs, Vadims
core  

SUSTITUCIÓN DE MONEDA Y TEORÍA DE LAS ÁREAS MONETARIAS ÓPTIMAS: UN COMENTARIO

open access: yesCuadernos de Economía, 2002
El autor muestra cómo la teoría de las áreas monetarias óptimas puede contribuir a evaluar la pertinencia de la dolarización o de la integración monetaria regional para la economía colombiana. Se centra en seis aspectos: i} los efectos microeconómicos de
Philippe De Lombaerde
doaj  

Dollarization and semi-dollarization in Ecuador [PDF]

open access: yes
Over the 1980s and 1990s, GDP growth had stagnated because of oil export price volatility and natural disasters, the sacrifice of capital formation to heavy external public debt service, and incomplete and uneven structural reform.
Beckerman, Paul
core  

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