There has been an on-going debate on whether dollarization helps stabilize exchange rates for emerging economies. This paper discusses this issue in a highly dollarized country, Cambodia, by empirically examining the relationship between dollarization and exchange rate movements. The GARCH...

This paper estimates household vulnerability to poverty using the data of households in Cambodia. In particular, we classify the poor into two main groups, the chronic poor and the transient poor, based on two measures, poverty incidence and vulnerability. The results suggest that, at the...