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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Swiston, Andrew
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/129
Mynediad Ar-lein:Full text available on IMF