Series: IMF Working Papers
Author(s): Alain Ize , and Eric Parrado
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2002
Keywords: optimal monetary policy, small open economy, inflation, monetary authorities, Open Economy Macroeconomics,
This paper explores how real dollarization (dollar indexing of wages), financial dollarization (dollar denomination of financial contracts), and monetary policy interact in a general equilibrium, new open-economy m...