Institutions and financial dollarization: Indirect effects based on a policy experiment
Research output: Contribution to journal › Article › peer-review
Abstract
We provide evidence that institutional improvements lead to lower levels of financial dollarization through previously unidentified channels. These indirect channels operate in addition to the direct impact identified in the literature and further illustrate the importance of institutions for the extent of banking dollarization. © 2013 Elsevier B.V.
Bibliographical metadata
| Original language | English |
|---|---|
| Pages (from-to) | 405-410 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 121 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Dec 2013 |