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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Cook, David
Muut tekijät: Choi, Woon
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2002.
Sarja:IMF Working Papers; Working Paper ; No. 2002/141
Linkit:Full text available on IMF