A simple theoretical framework for the analysis of liability dollarization
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Guillermo A. Calvo & Carmen M. Reinhart, 2002.
"Fear of Floating,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(2), pages 379-408.
- Guillermo A. Calvo & Carmen M. Reinhart, 2000. "Fear of Floating," NBER Working Papers 7993, National Bureau of Economic Research, Inc.
- Reinhart, Carmen & Calvo, Guillermo, 2002. "Fear of floating," MPRA Paper 14000, University Library of Munich, Germany.
- Reinhart, Carmen, 2001. "Fear of Floating: Exchange Rate Flexibility Indices," MPRA Paper 13196, University Library of Munich, Germany.
- Fischer, Stanley, 1975. "The Demand for Index Bonds," Journal of Political Economy, University of Chicago Press, vol. 83(3), pages 509-534, June.
- Jeanne, Olivier, 2000. "Debt Maturity and the Global Financial Architecture," CEPR Discussion Papers 2520, C.E.P.R. Discussion Papers.
- Broda, Christian & Yeyati, Eduardo Levy, 2006.
"Endogenous Deposit Dollarization,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(4), pages 963-988, June.
- Christian Broda & Eduardo Levy Yeyati, 2003. "Endogenous Deposit Dollarization," Business School Working Papers dieciseis, Universidad Torcuato Di Tella.
- Christian Broda & Eduardo Levy Yeyati, 2003. "Endogenous deposit dollarization," Staff Reports 160, Federal Reserve Bank of New York.
- Ize, Alain & Yeyati, Eduardo Levy, 2003. "Financial dollarization," Journal of International Economics, Elsevier, vol. 59(2), pages 323-347, March.
- Mr. Olivier D Jeanne, 2003.
"Why Do Emerging Economies Borrow in Foreign Currency?,"
IMF Working Papers
2003/177, International Monetary Fund.
- Jeanne, Olivier, 2003. "Why Do Emerging Economies Borrow in Foreign Currency?," CEPR Discussion Papers 4030, C.E.P.R. Discussion Papers.
- Mr. Alain Ize & Mr. Eric Parrado, 2002. "Dollarization, Monetary Policy, and the Pass-Through," IMF Working Papers 2002/188, International Monetary Fund.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Enrique L. Kawamura & Daniel Heymann, 2005. "On Liability Dollarization: A Simple Model with Domestic and Foreign Creditors," Working Papers 80, Universidad de San Andres, Departamento de Economia, revised Feb 2005.
- Eduardo Levy Yeyati, 2006.
"Financial dollarization: evaluating the consequences [‘A simple model of monetary policy and currency crises’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(45), pages 62-118.
- Eduardo Levy-Yeyati, 2004. "FINANCIAL DOLLARIZATION: Evaluating the consequences," Econometric Society 2004 Latin American Meetings 184, Econometric Society.
- Eduardo Levy Yeyati, 2005. "Financial Dollarisation: Evaluating The Consequences," Business School Working Papers findollarisation, Universidad Torcuato Di Tella.
- Nicolo, Gianni De & Honohan, Patrick & Ize, Alain, 2005. "Dollarization of bank deposits: Causes and consequences," Journal of Banking & Finance, Elsevier, vol. 29(7), pages 1697-1727, July.
- Robert Chang & Andres Velasco, 2004. "Endogenous dollarization, expectations, and equilibrium monetary policy," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Roberto Chang & Andres Velasco, 2004.
"Monetary Policy and the Currency Denomination of Debt: A Tale of Two Equilibria,"
CID Working Papers
106, Center for International Development at Harvard University.
- Andres Velasco & Roberto Chang, 2004. "Monetary Policy and the Currency Denomination of Debt: A Tale of Two Equilibria," NBER Working Papers 10827, National Bureau of Economic Research, Inc.
- Roberto Chang & Andres Velasco, 2004. "Monetary policy and the currency denomination of debt: a tale of two equilibria," Working Paper Series 2004-30, Federal Reserve Bank of San Francisco.
- Mr. Gianni De Nicolo & Mr. Patrick Honohan & Mr. Alain Ize, 2003.
"Dollarization of the Banking System: Good or Bad?,"
IMF Working Papers
2003/146, International Monetary Fund.
- De Nicolo, Gianni & Honohan, Patrick & Ize, Alain, 2003. "Dollarization of the banking system : good or bad?," Policy Research Working Paper Series 3116, The World Bank.
- Pelin Berkmen & Eduardo A. Cavallo, 2007. "Exchange Rate Policy and Liability Dollarization: An Empirical Study," IMF Working Papers 2007/033, International Monetary Fund.
- Bengui, Julien & Nguyen, Ha, 2016.
"Consumption baskets and currency choice in international borrowing,"
Journal of International Money and Finance, Elsevier, vol. 67(C), pages 287-304.
- Bengui, Julien & Nguyen, Ha, 2011. "Consumption baskets and currency choice in international borrowing," Policy Research Working Paper Series 5870, The World Bank.
- Guillermo A. Calvo & Frederic S. Mishkin, 2003.
"The Mirage of Exchange Rate Regimes for Emerging Market Countries,"
Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 99-118, Fall.
- Guillermo Calvo & Frederic S. Mishkin, 2003. "The Mirage of Exchange Rate Regimes for Emerging Market Countries," NBER Working Papers 9808, National Bureau of Economic Research, Inc.
- Galiani, Sebastian & Levy Yeyati, Eduardo & Schargrodsky, Ernesto, 2003.
"Financial dollarization and debt deflation under a currency board,"
Emerging Markets Review, Elsevier, vol. 4(4), pages 340-367, December.
- Eduardo Levy Yeyati & Ernesto Schargrodsky & Sebastián Galiani, 2003. "Finantial Dollarization and Debt Deflation under a Currency Board," Business School Working Papers tres, Universidad Torcuato Di Tella.
- Sebastian Galiani & Eduardo Levy Yeyati & Ernesto Schargrodsky, 2003. "Financial Dollarization and Debt Deflation under a Currency Board," Working Papers 64, Universidad de San Andres, Departamento de Economia, revised Nov 2003.
- Chiţu, Livia, 2012. "Was unofficial dollarisation/euroisation an amplifier of the 'Great Recession' of 2007-09 in emerging economies," Working Paper Series 1473, European Central Bank.
- Cesteros, Santiago Rodrigo, 2018. "Sobre volatilidad macroeconómica y dolarización de la riqueza: el caso argentino [On macroeconomic volatility and wealth dollarization: the Argentine case]," MPRA Paper 88968, University Library of Munich, Germany.
- Vieira, Fabrício A.C. & Holland, Márcio & Resende, Marco F., 2012.
"Financial dollarization and systemic risks: New empirical evidence,"
Journal of International Money and Finance, Elsevier, vol. 31(6), pages 1695-1714.
- Fabricio De Assis Campos Vieira & Márcio Holland & Marco Flávio Da Cunha Resende, 2014. "Financial Dollarization And Systemicrisks: New Empirical Evidence," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 040, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Levy Yeyati, Eduardo & Sturzenegger, Federico, 2010. "Monetary and Exchange Rate Policies," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4215-4281, Elsevier.
- Augusto De La Torre & Eduardo Levy Yeyati & Sergio L. Schmukler, 2002.
"Financial Globalization: Unequal Blessings,"
International Finance, Wiley Blackwell, vol. 5(3), pages 335-357, November.
- Augusto de la Torre & Eduardo Levy Yeyati & Sergio L. Schmukler, 2002. "Financial globalization: Unequal blessings," Business School Working Papers veintinueve, Universidad Torcuato Di Tella.
- Torre, Augusto de la & Schmukler, Sergio L., 2002. "Financial globalization: unequal blessings," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34900, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- De la Torre, Augusto & Levy Yeyati, Eduardo & Schmukler, Sergio L., 2002. "Financial globalization : unequal blessings," Policy Research Working Paper Series 2903, The World Bank.
- repec:diw:diwfin:diwfin05040 is not listed on IDEAS
- Gábor Pellényi & Péter Bilek, 2009. "Foreign Currency Borrowing: The Case of Hungary," Working Paper / FINESS 5.4, DIW Berlin, German Institute for Economic Research.
- Eduardo Levy-Yeyati, 2011. "Exchange Rate Regimes," Business School Working Papers 2011-02, Universidad Torcuato Di Tella.
- Claessens, Stijn & Schmukler, Sergio & Klingebiel, Daniela, 2003.
"Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors,"
CEPR Discussion Papers
3789, C.E.P.R. Discussion Papers.
- Claessens,Stijn & Klingebiel,Daniela M. H. & Schmukler,Sergio L., 2003. "Government bonds in domestic and foreign currency: the role of macroeconomic and institutional factors," Policy Research Working Paper Series 2986, The World Bank.
- Rappoport, Veronica, 2009. "Persistence of dollarization after price stabilization," Journal of Monetary Economics, Elsevier, vol. 56(7), pages 979-989, October.
- Alain Ize & Andrew Powell, 2003.
"Prudential Responses to De Facto Dollarization,"
Business School Working Papers
defactodollarization, Universidad Torcuato Di Tella.
- Mr. Alain Ize & Andrew Powell, 2004. "Prudential Responses to De Facto Dollarization," IMF Working Papers 2004/066, International Monetary Fund.
More about this item
Keywords
Liability Dollarization; Nominal and Real Shocks.;JEL classification:
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-IFN-2004-10-30 (International Finance)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecm:latm04:120. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/essssea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.