Network Externalities and Dollarization Hysteresis : The Case of Russia /

Dollarization in Russia increased rapidly during the early 1990s, but failed to come down in the second half of the 1990s in spite of exchange rate stabilization. To explain this "dollarization hysteresis," this paper develops a model in which network externalities in the demand for curren...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Oomes, Nienke
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2003.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2003/096
ऑनलाइन पहुंच:Full text available on IMF