Exchange Rate Policy and Liability Dollarization : An Empirical Study

An Empirical Study

Exchange Rate Policy and Liability Dollarization : An Empirical Study
The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical identification elusive. We use identification through heteroskedasticity to solve the endogeneity problem in the present context (Rigobon, READ MORE...

Publication date: February 2007
ISBN 9781451865974
$18.00

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