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Official Dollarization As a Monetary Regime

Official Dollarization As a Monetary Regime »

Source: Official Dollarization As a Monetary Regime : Its Effectson El Salvador

Volume/Issue: 2011/129

Series: IMF Working Papers

Author(s): Andrew Swiston

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455258390

Keywords: Taylor rule, monetary policy transmission, interest rate pass-through, currency risk, uncovered interest parity, exchange rate regime, interest rates, exchange rate, output growth, Studies of Particular Policy Episodes,

This paper examines El Salvador's transition to official dollarization by comparing aspects of this regime to the fixed exchange rate regime prevailing in the 1990s. Commercial bank interest rates are analyzed unde...

Official Dollarization As a Monetary Regime
			: Its Effectson El Salvador

Official Dollarization As a Monetary Regime : Its Effectson El Salvador »

Volume/Issue: 2011/129

Series: IMF Working Papers

Author(s): Andrew Swiston

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

DOI: http://dx.doi.org/10.5089/9781455258390.001

ISBN: 9781455258390

Keywords: Taylor rule, monetary policy transmission, interest rate pass-through, currency risk, uncovered interest parity, exchange rate regime, interest rates, exchange rate, output growth, Studies of Particular Policy Episodes,

This paper examines El Salvador's transition to official dollarization by comparing aspects of this regime to the fixed exchange rate regime prevailing in the 1990s. Commercial bank interest rates are analyzed unde...