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...