Series: IMF Working Papers
Author(s): Antonio Garcia Pascual , Jorge Cayazzo , Socorro Heysen , and Eva Gutierrez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2006
Keywords: credit risk, banking, foreign exchange, credit risks
The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vul...