Banking and the political support for dollarization
In this paper we study dollarization as a commitment device that the Central Bank could use to avoid getting involved in an undesirable banking-sector bailout. We show how a political process could induce an equilibrium outcome that differs from the one that a benevolent Central Bank would want to i...
Guardado en:
| Autor principal: | Ennis, Huberto María |
|---|---|
| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
| Publicado: |
2001
|
| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/3775 http://www.depeco.econo.unlp.edu.ar/jemi/2001/trabajo1.pdf |
| Aporte de: |
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