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...
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| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 2002/141 |
| Truy cập trực tuyến: | Full text available on IMF |