| Description |
1 online resource (iii, 24 pages) : illustrations |
| Series |
IMF working paper ; WP/96/4 |
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IMF working paper ; WP/96/4.
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| Summary |
Annotation 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 |
| Bibliography |
Includes bibliographical references (pages 21-24) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Currency substitution -- Latin America
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Dollar, American.
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Inflation (Finance) -- Latin America
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Money -- Latin America
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Currency substitution.
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Dollar, American.
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Inflation (Finance)
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Money.
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Latin America.
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| Form |
Electronic book
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| Author |
International Monetary Fund. Research Department, issuing body.
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| ISBN |
1455238228 |
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9781455238224 |
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1462331947 |
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9781462331949 |
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1455263567 |
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9781455263561 |
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1281096032 |
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9781281096036 |
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9786613776242 |
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6613776246 |
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9781451841992 |
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145184199X |
|
