The Choice of Exchange Rate Regime and Monetary Target in Highly Dollarized Economies /

We examine the implications of high degrees of dollarization for the choice of exchange rate regime and the information content of various monetary aggregates in developing countries. We conclude that a high degree of currency substitution argues for a more fixed exchange rate regime, while asset su...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Borensztein, Eduardo
Kolejni autorzy: Berg, Andrew
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2000.
Seria:IMF Working Papers; Working Paper ; No. 2000/029
Dostęp online:Full text available on IMF