dollarization. Critics argue that dollarizing would force Argentina to import the monetary policy of the Federal Reserve, regardless …

We study the effects of an anticipated dollarization, announced today but planned to be implemented at some future date …, in a simple open-economy model. Motivated by the profile of countries considering dollarization we make the following …, without dollarization monetary policy finances a deficit via seignorage. We focus on the pre-dollarization period. Our results …

-term financial market and de-dollarization. Originality/value - This study can fill the gap in the literature in which the …