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Currency boards, dollarized liabilities, and monetary policy credibility

Spiegel, Mark (contributor); Valderrama, Diego (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001763949

The impact of financial frictions on a small open economy : when current account borrowing hits a limit

Valderrama, Diego (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001721259

Currency boards, dollarized liabilities, and monetary policy credibility

Spiegel, Mark; Valderrama, Diego - In: Journal of international money and finance 22 (2003) 7, pp. 1065-1087

Persistent link: https://www.econbiz.de/10001838723

Currency Boards, Dollarized Liabilities, and Monetary Policy Credibility

Spiegel, Mark M.; Valderrama, Diego - 2004

The recent collapse of the Argentine currency board raises new questions about the desirability of formal fixed exchange rate regimes in modern developing economies. This paper examines the impact of dollarized liabilities with potential default for a currency board with costly abandonment. We...

Persistent link: https://www.econbiz.de/10014071548