Official Dollarization As a Monetary Regime : Its Effectson El Salvador /
This paper examines El Salvador's transition to official dollarization by comparing aspects of this regime to the fixed exchange rate regime prevailing in the 1990s. Commercial bank interest rates are analyzed under an uncovered interest parity framework, and it is found that dollarization lowe...
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2011/129 |
| Online adgang: | Full text available on IMF |