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...
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其他作者: | , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2010.
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叢編: | IMF Working Papers; Working Paper ;
No. 2010/168 |
在線閱讀: | Full text available on IMF |