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...
| Príomhchruthaitheoir: | |
|---|---|
| Rannpháirtithe: | |
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Sraith: | IMF Working Papers; Working Paper ;
No. 1998/028 |
| Rochtain ar líne: | Full text available on IMF |