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In this paper, a real-financial CGE model is employed for Bolivia to simulate the macroeconomic and distributional effects of exchange rate policy in a highly dollarized economy. Overall, dollarization appears to matter more through real than through financial-sector effects. The main...
Persistent link: https://www.econbiz.de/10010273172
Persistent link: https://www.econbiz.de/10003197455
In this paper, a real-financial CGE model is employed for Bolivia to simulate the macroeconomic and distributional effects of exchange rate policy in a highly dollarized economy. Overall, dollarization appears to matter more through real than through financial-sector effects. The main...
Persistent link: https://www.econbiz.de/10003029940
Persistent link: https://www.econbiz.de/10003818459