Dollarization of Financial Intermediation : Causes and Policy Implications /
This paper presents a portfolio model of financial intermediation in which currency choice is determined by hedging decisions on both sides of a bank's balance sheet. Minimum variance portfolio (MVP) allocations are found to provide a natural benchmark to estimate the scope for dollarization of...
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| Awduron Eraill: | |
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Cyfres: | IMF Working Papers; Working Paper ;
No. 1998/028 |
| Mynediad Ar-lein: | Full text available on IMF |