Determinants of Dollarization : The Banking Side /

Dollarization in financial intermediation has exhibited a widely diverse pattern across countries. Empirical work relating it to macroeconomic variables has had only limited success in explaining the phenomenon. This paper presents a two-currency banking model to show that deposit and loan dollariza...

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Bibliographic Details
Main Author: Terrones, Marco
Other Authors: Catao, Luis
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/146
Online Access:Full text available on IMF