We evaluate the proposal for official dollarization in Costa Rica by applying a new approach to measure the business … hypothesis that the two countries share a common business cycle. Based on this evidence, we conclude that official dollarization …

inflation. To be effective, dollarization must generate sufficient credibility, which in turn depends critically on whether its … presidential election several options, including dollarization, are being discussed to stabilize prices and put the economy on a … affairs to a foreign jurisdiction. The paper explores whether dollarization can fulfill such role given Argentina's history of …

contribution to the dollarization debate nor provide useful guidance to policymakers. The proposed model is based on unrealistic …

Dollarization hinders financial intermediation in domestic currency which is detrimental for economic growth and … development. A broad branch of the financial dollarization literature is based on portfolio theory. Dollarization of savings … approach to analyse financial dollarization's hysteresis in Argentina. Based on the historical experience of our country, we …

emergence and effects of dollarization in Kenya and lastly review of fiscal policy and establish if there is a need for a Fiscal …

suddenstop problem less severe. In this regard, we consider the relative merits of capital controlsand dollarization. We conclude …. Dollarization would appear to have the edge as a more marketorientedoption to ameliorate, if not eliminate, the sudden stop problem. …

I was invited here to explain about Dollarization, the benefits and costs for the US and thecountries that adopt it … ConnieMack’s proposal). Moreover, I believe global dollarization will have direct economic benefits forthe US, and enhance its … role as a worldwide leader.Dollarization is the decision to abandon the national currency and replace it by the USDollar …

Dollarization denotes the use of a foreign currency in any of its three functions: unit of account, means of exchange … and store of value. In terms of the latter aspect, dollarization has been increasing in the Philippines. Empirical tests … that confirm the significance of dollarization are generally flawed but what is more important is to determine the impact …