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Original Articles

Prudential Responses to de facto Dollarization

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Pages 241-262 | Published online: 01 Feb 2007

References

  • Burnside , C. 2001 . Hedging and financial fragility in fixed exchange rate regimes . European Economic Review , 45 (June) : 1151 – 1193 .
  • Calvo , G. and Guidotti , P. 1990 . Credibility and nominal debt IMF: exploring the role of maturity in managing inflation . IMF Staff Papers , 37 (3) : 612 – 635 .
  • De Nicolo , G. 2003 . Dollarization of bank deposits: causes and consequences? . Journal of Banking and Finance , 29 : 1697 – 1727 .
  • Dooley , M. 2000 . A Model of Crisis in Emerging Markets . The Economic Journal , 110 (460) : 256 – 272 .
  • Ize , A. and Levy–Yeyati , E. 1998 . Dollarization of financial intermediation: causes and policy implications . Journal of International Economics , 59 : 323 – 347 . IMF WP/98/28. Revised as Ize, A. & Levy–Yeyati, E. (2003) Financial dollarization
  • Jeanne , O. Why do emerging economies borrow in foreign currency? Presented at the Conference on Currency And Maturity Matchmaking: Redeeming Debt From Original Sin . InterAmerican Development Bank . Washington, DC.
  • Miller , M. and Stiglitz , J. 2000 . Bankruptcy protection against macroeconomic shocks: the case for a super chapter 11 Address to the Royal Economic Society Conference, mimeo, University of Warwick

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