Intro -- Contents -- I. INTRODUCTION -- II. TRENDS IN FINANCIAL DOLLARIZATION -- III. FINANCIAL DOLLARIZATION AS A …

This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic …-currency substitutes, and the scope for limiting dollarization through administrative restrictions. …

alternative monetary policy rules for economies with different degrees of liability dollarization. The paper aims to answer the … question of how efficient is to use inflation targeting when the liability dollarization ratio is high. Our findings suggest …

growing dollarization and those which have managed to revert such trend. In addition to the Asian countries of interest we … still do – a high degree of dollarization. Though there are several other countries within Central and Eastern Europe where … couple of years. However, as we will discuss below they did not manage to lower the deposit dollarization ratio on a …

with different degrees of liability dollarization. The paper answers the question of how efficient it is to use inflation … targeting under high liability dollarization. Our findings suggest that it might be optimal to follow a nonlinear policy rule …