Exchange Rate Policy and Liability Dollarization : An Empirical Study /

The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical identification elusive. We use identification through heteroskedasticity to solve the end...

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Détails bibliographiques
Auteur principal: Berkmen, Pelin
Autres auteurs: Cavallo, Eduardo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2007.
Collection:IMF Working Papers; Working Paper ; No. 2007/033
Accès en ligne:Full text available on IMF