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...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2006.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2006/007 |
Online Zugang: | Full text available on IMF |