How strong is the case for dollarization in Central America? : an empirical analysis of business cycles, credit market imperfections and the exchange rate
Year of publication: |
2012
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Authors: | Lindenberg, Nannette ; Westermann, Frank |
Published in: |
International journal of finance & economics : IJFE. - Chichester, Sussex : Wiley, ISSN 1076-9307, ZDB-ID 1324693-8. - Vol. 17.2012, 2, p. 147-166
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Subject: | dollarization | real exchange rate | business cycle comovement | serial correlation common feature | boom-bust cycles | credit market imperfections | Central America | Mittelamerika | Kreditmarkt | Credit market | Kaufkraftparität | Purchasing power parity | Währungssubstitution | Currency substitution | Konjunkturzusammenhang | Business cycle synchronization | Unvollkommener Markt | Incomplete market | Konjunktur | Business cycle | Schätzung | Estimation | Autokorrelation | Autocorrelation | Optimaler Währungsraum | Optimum currency area |
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