Browsing by Subject "Dolarização"
Now showing items 1-10 of 10
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A armadilha da dolarização
1994-02-01 -
Ataques especulativos sobre dívidas e regimes monetários
2002A tese pretende conhecer de forma profunda a metodologia de ataques especulativos sobre dívidas, desenvolvida por Cole e Kehoe (1996), e tem três objetivos principais: (i) aplicá-la a outros países, além do México, que é ... -
Financial dollarization and systemic risks: new empirical evidence
2012-10This paper explores the persistence of financial dollarization in a group of 79 economies with different levels of development. Our main hypothesis is that a high level of domestic debt combined with default risk explains ... -
Hiperinflação: câmbio, moeda e âncoras nominais
1992-11-01 -
Speculative attacks on debts and optimum currency area: a welfare analysis
2003-11-14Traditionally the issue of an optimum currency area is based on the theoretical underpinnings developed in the 1960s by McKinnon [13], Kenen [12] and mainly Mundell [14], who is concerned with the benefits of lowering ... -
Speculative attacks on debts, dollarization and optimum currency areas
2002-04-01The purpose of this article is to contribute to the discussion of the financial aspects of dollarization and optimum currency areas. Based on the model of self-fulfilling debt crisis developed by Cole and Kehoe [4], it is ... -
A substituição de moeda no Brasil: a moeda indexada
1993-11-01 -
Systemic risk, dollarization, and interest rates in emerging markets: a panel-based approach
2009This study investigates the impact of systemic risks and financial dollarization on real interest rates in emerging economies. Higher systemic risks induce both higher real interest rates and increased dollarization. Using ...
