Does Procyclical Fiscal Policy Reinforce Incentives to Dollarize Sovereign Debt? /
This paper explores the link between the cyclical patterns of macroeconomic and policy variables and the currency composition of domestic sovereign debt in emerging market countries. The empirical analysis is anchored in an equilibrium model, in which the dollarization of sovereign debt arises as a...
| מחבר ראשי: | |
|---|---|
| מחברים אחרים: | , |
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| סדרה: | IMF Working Papers; Working Paper ;
No. 2010/168 |
| גישה מקוונת: | Full text available on IMF |