Search Results for Liability Dollarization

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We develop a optimal rules-based interpretation of the 'three pillars macroeconomic policy...

Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the...

This paper shows that the dominant view that the high variability of real exchange rates is due...

This paper explores the hypothesis that the dollarization of liabilities in emerging market...

One distinguishable characteristic of emerging market economies is that they are not financially...

Liberia's experience with a dual currency regime, with the U.S. dollar enjoying legal tender...