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Exchange Rate Policy and Liability Dollarization

Exchange Rate Policy and Liability Dollarization »

Article

Source: Exchange Rate Policy and Liability Dollarization : An Empirical Study

Volume/Issue: 2007/33

Series: IMF Working Papers

Author(s): Pelin Berkmen , and Eduardo Cavallo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865974

Keywords: exchange rate policy, exchange rate, foreign currency, inflation, nominal exchange rate

The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical ide...

Exchange Rate Policy and Liability Dollarization : An Empirical Study

Exchange Rate Policy and Liability Dollarization : An Empirical Study »

Journal Issue

Volume/Issue: 2007/33

Series: IMF Working Papers

Author(s): Pelin Berkmen , and Eduardo Cavallo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

DOI: http://dx.doi.org/10.5089/9781451865974.001

ISBN: 9781451865974

Keywords: exchange rate policy, exchange rate, foreign currency, inflation, nominal exchange rate

The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical ide...