Purpose This paper analyses the possibility of Latin America's (LA) major economies adopting dollarization, considering … currency, the author uses the framework of optimum currency area (OCA) theory, since, in fact, dollarization is an incomplete … LA nations, the dollarization debate has resurfaced in recent years. However, the literature that empirically evaluates …

This study measures the degree of dollarization in North Korea using results from a survey of 231 North Korean refugees … dollarization has advanced since the currency reform in terms of both asset and currency substitutions. Survey results also indicate …

This study strengthens the frontiers of research on the drivers of dollarization in emerging economies by exploring the … 2002 to March 2016. The evidence suggests that dollarization shares a common stochastic trend with exchange rates … exchange rate depreciation and financial development in the evolution of dollarization. Whereas depreciation induces a switch …