Dollarization Dynamics
收藏NBER2023-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31296
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资源简介：
This study explores the consequences of dollarizing an economy with an initial dollar shortage. We show that the resulting transitional dynamics are tantamount to that of a sudden stop: consumption of tradable goods fall, the real exchange rate depreciates abruptly by a discrete drop in domestic
提供机构：
美国国家经济研究局
创建时间：
2023-06-01
