Mazzaferro, Francesco; Thimann, Christian; Winkler, Adalbert - In: Comparative economic studies 45 (2003) 3, pp. 421-436
Euroisation/dollarisation - the replacement of the domestic currency by a foreign currency, mostly the US dollar or the euro - has regained significant popularity in recent years, as it is generally regarded as a viable "corner solution" for exchange rate regimes. Part of its attractiveness is...