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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Oomes, Nienke
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2003.
سلاسل:IMF Working Papers; Working Paper ; No. 2003/096
الوصول للمادة أونلاين:Full text available on IMF