WHAT IS DRIVING FINANCIAL DOLLARIZATION IN TRANSITION ECONOMIES? A DYNAMIC FACTOR ANALYSIS
نویسندگان
چکیده
منابع مشابه
Credit Dollarization in Transition Economies: Is it Firms’ or Banks’ “Fault”?
The existing empirical literature on credit dollarization has not reached agreement on its causes. Most studies that analyze financial dollarization start from the presumption that credit dollarization is supply-determined. If this were the case, then policies that attempt to reduce dollarization should aim to affect behavior in the banking sector. We use a newly constructed dataset for twenty-...
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ژورنال
عنوان ژورنال: Macroeconomic Dynamics
سال: 2013
ISSN: 1365-1005,1469-8056
DOI: 10.1017/s136510051300062x