degree of dollarization empirically. Our results show that Cambodia has been virtually fully dollarized since 1995. Against a …

inflation. In this paper, we show that a stable money demand function for Russia can be found for "effective broad money," which … effect on short-run inflation. …

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 …

progressive dollarization. The paper also analyzes the impact of dollarization on the ability of governments to earn seigniorage …, the dynamics of dollarization in a growing economy, and the central role of expectations—specifically, confidence in the … domestic currency—in determining the extent of dollarization and, potentially, in reversing it. …

We examine the implications of high degrees of dollarization for the choice of exchange rate regime and the information …

transition economies have been increasing rapidly. This paper takes a first look at the evidence on dollarization for 15 … has been observed in Latin America, however, dollarization has fallen substantially in the aftermath of successful …, the fall in dollarization can be primarily attributed to higher real returns on domestic-currency assets, as a result of …

inflation. We discuss dollarization, administrative interventions, and other features complicating monetary policy transmission …