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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Detalles Bibliográficos
Autor principal: Rennhack, Robert
Otros Autores: Nozaki, Masahiro
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers; Working Paper ; No. 2006/007
Acceso en línea:Full text available on IMF