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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Ize, Alain
Altri autori: Parrado, Eric
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