Financial Dollarization in Latin America /

This paper tests several explanations for financial dollarization (FD), with an emphasis on Latin America. The results provide evidence that FD is a rational response to inflation uncertainty. The paper builds on previous research by finding that an exchange rate policy biased towards currency depre...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Rennhack, Robert
Weitere Verfasser: Nozaki, Masahiro
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/007
Online Zugang:Full text available on IMF