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...
| 第一著者: | |
|---|---|
| その他の著者: | |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| シリーズ: | IMF Working Papers; Working Paper ;
No. 2002/141 |
| オンライン･アクセス: | Full text available on IMF |