Verfügbarkeit: Overshooting and Dollarization in the Democratic Republic of the Congo

Overshooting and Dollarization in the Democratic Republic of the Congo:

The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange rate) are seen as a proxy for changes in the relative demand...

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Bibliographische Detailangaben
1. Verfasser:	Beaugrand, Philippe (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2003
Schriftenreihe:	IMF Working Papers Working Paper No. 03/105
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange rate) are seen as a proxy for changes in the relative demand for domestic and foreign currency. A simple model is calibrated for the Democratic Republic of the Congo in the 1990s and is used to derive estimates of the rate of dollarization
Beschreibung:	1 Online-Ressource (27 p)
ISBN:	1451852843 9781451852844

Internformat

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spelling	Beaugrand, Philippe Verfasser aut Overshooting and Dollarization in the Democratic Republic of the Congo Beaugrand, Philippe Washington, D.C International Monetary Fund 2003 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/105 The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange rate) are seen as a proxy for changes in the relative demand for domestic and foreign currency. A simple model is calibrated for the Democratic Republic of the Congo in the 1990s and is used to derive estimates of the rate of dollarization Online-Ausg http://elibrary.imf.org/view/IMF001/05076-9781451852844/05076-9781451852844/05076-9781451852844.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Beaugrand, Philippe Overshooting and Dollarization in the Democratic Republic of the Congo
title	Overshooting and Dollarization in the Democratic Republic of the Congo
title_auth	Overshooting and Dollarization in the Democratic Republic of the Congo
title_exact_search	Overshooting and Dollarization in the Democratic Republic of the Congo
title_exact_search_txtP	Overshooting and Dollarization in the Democratic Republic of the Congo
title_full	Overshooting and Dollarization in the Democratic Republic of the Congo Beaugrand, Philippe
title_fullStr	Overshooting and Dollarization in the Democratic Republic of the Congo Beaugrand, Philippe
title_full_unstemmed	Overshooting and Dollarization in the Democratic Republic of the Congo Beaugrand, Philippe
title_short	Overshooting and Dollarization in the Democratic Republic of the Congo
title_sort	overshooting and dollarization in the democratic republic of the congo
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