Dollarization and Financial Development

  • Bannister G
  • Turunen J
  • Gardberg M
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Abstract

… approach (Ize and Levy Yeyati, 2003) explains dollarization as a reaction to macroeconomic … Under this approach, the domestic investor chooses the composition of investments to minimize the … portfolio (MVP) is included to take into account that resident investors may select the …

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Bannister, G., Turunen, J., & Gardberg, M. (2018). Dollarization and Financial Development. IMF Working Papers, 18(200), 1. https://doi.org/10.5089/9781484373361.001

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