Financial dollarization in Latin America /

This paper tests several explanations for financial dollarization (FD), with an emphasis on Latin America. The results provide evidence that FD is a rational response to inflation uncertainty. The paper builds on previous research by finding that an exchange rate policy biased towards currency depre...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Authors: Rennhack, Robert (Author), Nozaki, Masahiro (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006
Series:IMF working paper ; WP/06/7.
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Local Note:ProQuest Ebook Central