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 for domestic and foreign currency. A simple model READ MORE...

Publication date: May 2003
ISBN 9781451852844
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: May 2003

PDF

Publication date: May 2003

ePub

Publication date: May 2003

Mobi

Publication date: May 2003

English