Results 11 to 20 of about 2,521,414 (291)
A Fistful of Dollars: Lobbying and the Financial Crisis [PDF]
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
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Commodity prices, bank balance sheets and macroprudential policies in small open economies
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
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Dollarization of deposits in the short and long run: Evidence from CESE countries [PDF]
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
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Implications of the Application of Dollarization for Macroeconomic Stability [PDF]
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
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Dollarization and Financial Development [PDF]
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
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Problems and Major risks in the Banking Sector of Azerbaijan
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
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Dollarization of Financial Intermediation
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
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Financial dollarization in Russia: causes and consequences [PDF]
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
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El Salvador: an analysis of the monetary integration law and the bitcoin law [PDF]
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
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Financial Dollarization Equilibria: A Framework for Policy Analysis [PDF]
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 ...
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