international finance. In the paper I show how it works through three examples: price of commodities, dollarization, and the …

examples: price of commodities, dollarization, and the international financial position of the US. And it makes a proposal to …

comparisons suggest that dollarization is the least successful of the monetary policy rules considered: agents are willing to give … up between 0.1 and 0.3 percent of their nonstochastic steady-state consumption to see a policy other than dollarization …

20 years: the dollarization of household financial assets and its bias towards investment real estate as a means of … preserving the real value of wealth. We find that ambiguity explains portfolio dollarization. In addition, ambiguity aversion …

level of dollarization in the economy. The three sources of foreign currency earnings are financial integration, trade … openness and natural resource rent. As such, we extend the determinants of dollarization to capture these variables. A dataset … to the increasing rate of dollarization. Specifically, it was found that trade openness and financial liberalization are …

Financial dollarization in Sub-Saharan Africa is the most persistent compared to other regions of the world. This study … complements the existing scant literature on dollarization in Africa by assessing the role of information sharing offices (public … credit registries and private credit bureaus) on financial dollarization in 26 countries of SSA for the period 2001-2012. The …

preferably USD. This paper's main focus is dollarization and currency devaluation; of which are yet unresolved both theoretically … models to examine the relationship between dollarization and exchange rate. The Autoregressive Conditional Heteroscedasticity … models indicate that dollarization does indeed induce currency depreciation as well as exchange rate volatility. Based on the …

Unilateral euroization is underexplored even in comparison to unilateral dollarization (taken to mean the adoption of …

This study contributes to the dollarization literature by expanding its determinants to account for different … dollarization amplifiers, while the explanatory power of the economic component is weak er on dollarization. Second, consistent with … positive expected signs. Third, the positive association between the accumulation of international reserves and dollarization …