Results 11 to 20 of about 2,521,414 (291)

A Fistful of Dollars: Lobbying and the Financial Crisis [PDF]

open access: yesNBER Macroeconomics Annual, 2009
Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios.
Deniz Igan   +2 more
openaire   +2 more sources

Commodity prices, bank balance sheets and macroprudential policies in small open economies

open access: yesLatin American Journal of Central Banking, 2022
How important are liability dollarization in the transmission of commodity shocks on business cycles? To address this question, we developed a small open economy DSGE model with a banking sector and financial friction.
Alfredo Villca
doaj   +1 more source

Dollarization of deposits in the short and long run: Evidence from CESE countries [PDF]

open access: yesPanoeconomicus, 2017
In this paper, we study the drivers of permanent and transitory deposit dollarization for a sample of CESE countries using panel cointegration techniques.
Urošević Branko, Rajković Ivana
doaj   +1 more source

Implications of the Application of Dollarization for Macroeconomic Stability [PDF]

open access: yesEconomic Horizons, 2019
The aim of this paper is to present the costs and benefits of applying dollarization. The most common reason for accepting, in whole or in part, a foreign currency is the presence of a high and volatile inflation rate, which is followed by the ...
Vesna Martin
doaj   +1 more source

Dollarization and Financial Development [PDF]

open access: yesIMF Working Papers, 2018
Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization, differentiating across foreign currency deposits and credit on ...
Geoffrey Bannister   +2 more
openaire   +1 more source

Problems and Major risks in the Banking Sector of Azerbaijan

open access: yesЭкономика и управление, 2021
Aim. The presented study aims to perform a comprehensive and in-depth analysis of problems and risks in the banking sector of Azerbaijan and to develop recommendations for improving the efficiency and reliability of its functioning in accordance with ...
T. Dzhabieva
doaj   +1 more source

Dollarization of Financial Intermediation

open access: yesIMF Working Papers, 1998
This paper presents a portfolio model of financial intermediation in which currency choice is determined by hedging decisions on both sides of a bank’s balance sheet. Minimum variance portfolio (MVP) allocations are found to provide a natural benchmark to estimate the scope for dollarization of bank deposits and loans as a function of macroeconomic ...
Eduardo Levy Yeyati, Alain Ize
openaire   +2 more sources

Financial dollarization in Russia: causes and consequences [PDF]

open access: yesMacroeconomics and Finance in Emerging Market Economies, 2011
We review some aspects of financial dollarization in Russia, applying the main relevant theories to analyze the dynamics of several dollarization indicators. An econometric model of the short run dynamics of deposit and loan dollarization is estimated for the last decade.
Ponomarenko, Alexey   +2 more
openaire   +3 more sources

El Salvador: an analysis of the monetary integration law and the bitcoin law [PDF]

open access: yesBrazilian Journal of Political Economy, 2023
The objective of this article is to analyze the two most important monetary laws that have been implemented in El Salvador, namely the Monetary Integration Law (MIL) and the Bitcoin Law.
SERGIO LUIS NÁÑEZ ALONSO   +3 more
doaj   +1 more source

Financial Dollarization Equilibria: A Framework for Policy Analysis [PDF]

open access: yesIMF Working Papers, 2005
Rapidly rising dollarization and numerous related financial crises in recent years have heightened the need for policy action. This paper contributes to the policy debate by presenting a common analytic framework that examines the roots of de facto financial dollarization under different economic environments and analyzes its interplay with monetary ...
openaire   +2 more sources

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