Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization,...

Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization,...

This note corrects the omission of a small amount of information from the analysis by Mushin (2010) of the introduction, between 1955 and 1973, of decimal replacements for the British currency model. The conclusions are not significantly changed