Managing Systemic Liquidity Risk in Financially Dollarized Economies /

This paper evaluates ways to protect highly dollarized banking systems from systemic liquidity runs (such as the ones that took place recently in Argentina, Uruguay, and Paraguay). In view of the limitations of available (private or official) insurance schemes, and the distortions introduced by cent...

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Bibliographic Details
Main Author: Levy Yeyati, Eduardo
Other Authors: Ize, Alain, Kiguel, Miguel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/188
Online Access:Full text available on IMF