Monetary policy, financial dollarization and agency costs (Capítulo)

This chapter models an emerging economy with financial dollarization features within an optimizing, stochastic general equilibrium setup. One key result in this framework is that unexpected nominal exchange rate fluctuations are positively correlated with the probability of default by borrowing firm...

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Detalles Bibliográficos
Autor principal: Vega, Marco
Formato: info:eu-repo/semantics/bookPart
Lenguaje:Inglés
Publicado: Universidad del Pacífico 2016
Materias:
Acceso en línea:https://hdl.handle.net/11354/3197
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/51942