This reflection attempts to explain the issue of dollarization in a different and innovative way with new recipes for ideas to understand how dollarization works and slow down its pace. Proceeding by a mathematical reflection of limits, we show that in a period of stability, when the rate of dollarization approaches very closely but is not equal to the total dollarization, all monetary policy interventions limit the rate of dollarization in order to that it does not achieve full dollarization. And when monetary policy interventions aim to de-dollarize the economy, the rate of dollarization becomes equilibrium or natural, so we obtain a natural rate of dollarizatio
The paper develops an interpretation of volatile exchange rate movements in a dollarized economy wit...
The recent debate over dollarization has been more focused on the motives of the idea than in analyz...
Undesirable real effects have been attributed to floating exchange rates in general, and the 1980-83...
This paper tries to evaluate costs and benefits of the dollarization and clears some basic understan...
This paper unfolds the puzzles of why dollarization helps reduce inflation in some countries but not...
The unfamiliar, however simple, is often hard to understand be-cause it requires a slightly differen...
What does ‘dollarisation’ mean in a world of endogenous money, i.e., in a world where money is not (...
This paper examines two potential benefits that emerging economies may derive from dollarization. Fi...
This paper explores how real dollarization (dollar indexing of wages), financial dollarization (doll...
This paper builds a simple theoretical model designed to study the effects of dollarization on finan...
Although the worldwide growth in dollarization of bank deposits has recently slowed, it has already ...
During the past few years, many emerging market countries have suffered severe currency and banking ...
The purpose of this article is to contribute to the discussion of the financial aspects of dollariza...
This paper studies how liability dollarization conditions the effect of exchange rate flexibility on...
The increased use of foreign currency as legal tender in Cambodia has been contrary to the general b...
The paper develops an interpretation of volatile exchange rate movements in a dollarized economy wit...
The recent debate over dollarization has been more focused on the motives of the idea than in analyz...
Undesirable real effects have been attributed to floating exchange rates in general, and the 1980-83...
This paper tries to evaluate costs and benefits of the dollarization and clears some basic understan...
This paper unfolds the puzzles of why dollarization helps reduce inflation in some countries but not...
The unfamiliar, however simple, is often hard to understand be-cause it requires a slightly differen...
What does ‘dollarisation’ mean in a world of endogenous money, i.e., in a world where money is not (...
This paper examines two potential benefits that emerging economies may derive from dollarization. Fi...
This paper explores how real dollarization (dollar indexing of wages), financial dollarization (doll...
This paper builds a simple theoretical model designed to study the effects of dollarization on finan...
Although the worldwide growth in dollarization of bank deposits has recently slowed, it has already ...
During the past few years, many emerging market countries have suffered severe currency and banking ...
The purpose of this article is to contribute to the discussion of the financial aspects of dollariza...
This paper studies how liability dollarization conditions the effect of exchange rate flexibility on...
The increased use of foreign currency as legal tender in Cambodia has been contrary to the general b...
The paper develops an interpretation of volatile exchange rate movements in a dollarized economy wit...
The recent debate over dollarization has been more focused on the motives of the idea than in analyz...
Undesirable real effects have been attributed to floating exchange rates in general, and the 1980-83...