Hallwood, Paul (contributor); Marsh, Ian (contributor); … - 2004 - [Elektronische Ressource]
) find that while dollarization reduces inflation rates
relative to non-dollarized countries in their large data set it is … violate for periods (of
economic crisis usually) during the 1980s and 1990s for inflation data. We explicitly test
for …
shows the annual inflation rates of our six economies.
Thus, excluding periods of high inflation (8% per quarter or more …