Dollarization in Latin America: Recent Evidence and Some Policy Issues
This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the allocation of foreign currency deposits, and the behavior o...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1996
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 96/4 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the allocation of foreign currency deposits, and the behavior of money velocity. The discussion stresses the role of institutional factors, macroeconomic conditions, and the dynamics of money demand In shaping the dollarization process; it also highlights the shortcomings of indicators frequently employed to analyze the phenomenon. The paper provides a brief critical assessment of the empirical literature on dollarization, and identifies areas where further research seems warranted |
| Beschreibung: | 1 Online-Ressource (19 p) |
| ISBN: | 145184199X 9781451841992 |
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| index_date | 2024-07-03T20:13:20Z |
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| spelling | Savastano, Miguel A. Verfasser aut Dollarization in Latin America Recent Evidence and Some Policy Issues Savastano, Miguel A Washington, D.C International Monetary Fund 1996 1 Online-Ressource (19 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/4 This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the allocation of foreign currency deposits, and the behavior of money velocity. The discussion stresses the role of institutional factors, macroeconomic conditions, and the dynamics of money demand In shaping the dollarization process; it also highlights the shortcomings of indicators frequently employed to analyze the phenomenon. The paper provides a brief critical assessment of the empirical literature on dollarization, and identifies areas where further research seems warranted Online-Ausg http://elibrary.imf.org/view/IMF001/01851-9781451841992/01851-9781451841992/01851-9781451841992.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Savastano, Miguel A. Dollarization in Latin America Recent Evidence and Some Policy Issues |
| title | Dollarization in Latin America Recent Evidence and Some Policy Issues |
| title_auth | Dollarization in Latin America Recent Evidence and Some Policy Issues |
| title_exact_search | Dollarization in Latin America Recent Evidence and Some Policy Issues |
| title_exact_search_txtP | Dollarization in Latin America Recent Evidence and Some Policy Issues |
| title_full | Dollarization in Latin America Recent Evidence and Some Policy Issues Savastano, Miguel A |
| title_fullStr | Dollarization in Latin America Recent Evidence and Some Policy Issues Savastano, Miguel A |
| title_full_unstemmed | Dollarization in Latin America Recent Evidence and Some Policy Issues Savastano, Miguel A |
| title_short | Dollarization in Latin America |
| title_sort | dollarization in latin america recent evidence and some policy issues |
| title_sub | Recent Evidence and Some Policy Issues |
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