Is Brazil Different? : Risk, Dollarization, and Interest Rates in Emerging Markets /
We investigate the role of financial dollarization in the determination of real interest rates in emerging economies. In a simple analytical model, we show that a strategy of "dedollarizing" the economy, if it fails to address fundamental macroeconomic risks, leads to higher domestic real...
| Glavni avtor: | |
|---|---|
| Drugi avtorji: | , |
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2007/294 |
| Online dostop: | Full text available on IMF |