What is Driving Financial De-Dollarization in Latin America? /

In the last decade, a group of Latin American countries (Bolivia, Paraguay, Peru, and Uruguay) experienced a gradual, yet sustained decline in financial dollarization. This paper documents the stylized facts and uses a standard VAR approach to examine the drivers of both deposit and credit de-dollar...

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Autore principale: Garcia-Escribano, Mercedes
Altri autori: Sosa, Sebastian
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/010
Accesso online:Full text available on IMF