Dollarization, Monetary Policy, and the Pass-Through /

This paper explores how real dollarization (dollar indexing of wages), financial dollarization (dollar denomination of financial contracts), and monetary policy interact in a general equilibrium, new open-economy macroeconomics model with real shocks. Real dollarization is avoided as long as the hom...

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Détails bibliographiques
Auteur principal: Ize, Alain
Autres auteurs: Parrado, Eric
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2002.
Collection:IMF Working Papers; Working Paper ; No. 2002/188
Accès en ligne:Full text available on IMF