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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Cook, David
Rannpháirtithe: Choi, Woon
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2002.
Sraith:IMF Working Papers; Working Paper ; No. 2002/141
Rochtain ar líne:Full text available on IMF