Showing 1 - 10 of 1,574
and cause fear of floating. Consequently, dedollarization policies are now shifting from a generally passive stance … composite financial dollarization index for Turkey along with a brief discussion of corporate sector debt dollarization. The … recent Turkish experience towards endogenous dedollarization appears to be consistent with the view that dedollarization can …
Persistent link: https://www.econbiz.de/10005059680
This paper is part of the project "Financial Dedollarization: Policy Options" launched by the Inter … associated with financial dollarization as well as to evaluate the costs and benefits of alternative financial dedollarization … currency. It focuses on domestic asset holders, as opposed to foreign investors, as the primary targets of a dedollarization …
Persistent link: https://www.econbiz.de/10009246517
The paper looks at the challenges of conducting monetary policy in a context of high dollarization of the banking system and weak institutions in the Democratic Republic of the Congo. The empirical analysis confirms the limited effectiveness of the Central Bank of Congo in controlling inflation,...
Persistent link: https://www.econbiz.de/10010790264
This paper is part of the project "Financial Dedollarization: Policy Options" launched by the Inter … associated with financial dollarization as well as to evaluate the costs and benefits of alternative financial dedollarization … currency. It focuses on domestic asset holders, as opposed to foreign investors, as the primary targets of a dedollarization …
Persistent link: https://www.econbiz.de/10010653582
"Financial dollarization creates design problems for economic policy as increases the level of financial vulnerability. However, countries with high levels of dollarization have done almost nothing to reduce it. In this paper we study two ways to do it and we evaluate them within a model that...
Persistent link: https://www.econbiz.de/10010842560
The paper analyzes dollarization in the Turkish economy given the evidence on dedollarization signals. On conducting a …, dedollarization that presumably started after 2001 has lost headway after May 2006. Thus, it seems too early to conclude that … dollarization changed its route to dedollarization. …
Persistent link: https://www.econbiz.de/10011062883
, of the Cuban revolution in the economic field, until the recent dedollarization. It underlines its economic challenges at …
Persistent link: https://www.econbiz.de/10005510633
Financial dollarization creates design problems for economic policy as increases the level of financial vulnerability. However, countries with high levels of dollarization have done almost nothing to reduce it. In this paper we study two ways to do it and we evaluate them within a model that...
Persistent link: https://www.econbiz.de/10005412579
We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the perceived stability of the local currency and financial dollarization. Our results show that regions with higher inflation experience an increase in the dollarization of household...
Persistent link: https://www.econbiz.de/10011154584
This paper investigates money demand in the Dominican Republic. The study employs monthly economic time series covering a period of stabilization and rapid economic growth alongside financial dollarization. The analysis reveals meaningful long-run relations for narrow and for broad monetary...
Persistent link: https://www.econbiz.de/10011213020