'Institutions and Financial Dollarization: Indirect Effects based on a Policy Experiment'

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. The analysis is based on a unique policy experiment: the admission process of countries to the European Union (EU).

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Year of publication:	2013
Authors:	Neanidis, Kyriakos C. ; Savva, Christos S.
Institutions:	School of Economics, University of Manchester

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Extent:	application/pdf
Series:	Centre for Growth and Business Cycle Research Discussion Paper Series.
Type of publication:	Book / Working Paper
Notes:	13 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010759968