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Dollarization in Argentina Author info | Abstract | Publisher info | Download info | Related research | Statistics Francois R. Velde
Marcelo Veracierto
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Several countries are seriously considering the abandonment of their currency and its formal replacement with the U.S. dollar. Since 1991, Argentina has backed its currency with 100 percent reserves and successfully pegged it to the dollar. In doing so, it has already grappled with many issues that confront would-be adopters of the dollar. Moving to full-fledged dollarization might offer a solution to recurring crises that are partly driven by expectations that Argentina might abandon its peg.
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Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives .
Volume (Year): (2000)
Issue (Month): Q I ()
Pages: 24-37
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Handle: RePEc:fip:fedhep:y:2000:i:qi:p:24-37:n:v.24no.1Contact details of provider: Postal: P.O. Box 834, 230 South LaSalle Street, Chicago, Illinois 60690-0834 Phone: 312/322-5111 Fax: 312/322-5515 Email: Web page: http://www.chicagofed.org/ More information through EDIRC
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Keywords: Argentina ; Dollar ; Money ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Burnside, Craig & Eichenbaum, Martin & Rebelo, Sergio, 1999.
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Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1998.
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NBER Working Papers
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[Downloadable!] (restricted) Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1998.
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Working Paper Series
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Other versions: Schwartz, Anna J., 1993.
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Kydland, Finn E & Prescott, Edward C, 1977.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
PONSOT, Jean-François, 2002.
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"Banking and the political support for dollarization ,"
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00-12, Federal Reserve Bank of Richmond.
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Ferro, Gustavo, 2001.
"Currency Board: From Stabilization to Full Dollarization? The Argentine Experience ,"
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15353, University Library of Munich, Germany.
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Ferro, Gustavo, 2001.
"De bancos centrales, juntas monetarias y dolarización [On central banks, currency boards and dollarization] ,"
MPRA Paper
15354, University Library of Munich, Germany.
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Hsing, Y., 2004.
"Responses of Argentine Output to Shocks to Monetary Policy, Fiscal Policy and Exchange Rates: A VAR Model ,"
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Euro-American Association of Economic Development, vol. 4(1).
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Jiro Honda & Liliana Schumacher, 2006.
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Paul Hallwood & Ian W. Marsh & Jorg Scheibe, 2001.
"Official Dollarization in Latin America: Could it Work? ,"
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2001-06, University of Connecticut, Department of Economics.
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Gaetano Antinolfi & Todd Keister, 2001.
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Review ,
Federal Reserve Bank of St. Louis, issue Nov., pages 29-40.
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Alexandre Minda, 2005.
"La dollarisation intégrale : une option monétaire de dernier ressort pour l'Amérique latine ? ,"
Mondes en développement ,
De Boeck Université, vol. 130(2), pages 15-39.
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Russell W. Cooper & Hubert Kempf., 2001.
"Dollarization and the conquest of hyperinflation in divided societies ,"
Quarterly Review ,
Federal Reserve Bank of Minneapolis, issue Sum, pages 3-12.
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Blake LeBaron & Rachel McCulloch, 2000.
"Floating, Fixed, or Super-Fixed? Dollarization Joins the Menu of Exchange-Rate Options ,"
American Economic Review ,
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