Dollar Shortages and Crises
收藏NBER2004-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10845
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资源简介：
Emerging markets do not handle adverse shocks well. In this paper, we lay out an argument about why emerging markets are so fragile, and why they may adopt contractual mechanisms -such as a dollarized banking system- that increase their fragility. We draw on this analysis to explain why dollarized
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美国国家经济研究局创建时间：
2004-10-01
