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...
Autore principale: | |
---|---|
Altri autori: | |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2002.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2002/188 |
Accesso online: | Full text available on IMF |