Liability Dollarization and the Bank Balance Sheet Channel /

Banks in developing economies often face a mismatch in the currency denomination of their liabilities (foreign currency denominated debt) and assets (domestic currency loans to domestic borrowers). We study the effect of this mismatch on business cycles and monetary policy in a sticky-price, dynamic...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Cook, David
Awduron Eraill: Choi, Woon
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2002.
Cyfres:IMF Working Papers; Working Paper ; No. 2002/141
Mynediad Ar-lein:Full text available on IMF