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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ilyina, Anna
مؤلفون آخرون: Guscina, Anastasia, Kamil, Herman
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/168
الوصول للمادة أونلاين:Full text available on IMF