IDEAS home Printed from https://ideas.repec.org/b/cml/prodgz/prg2006.html
   My bibliography  Save this book

¿Por qué la dolarización es persistente?

Author

Listed:
  • Paul Castillo Bardález

    (Banco Central de Reserva del Perú)

  • Diego Winkelried Quezada

    (Departamento Académico de Economía Universidad del Pacífico)

Abstract

Los autores inician su estudio con una revisión del estado de dolarización en economías latinoamericanas para valorar su persistencia. Esto último, es una de las características más importantes de la dolarización financiera y la que causa mayor preocupación a los bancos centrales. Aun después de haber alcanzado niveles de inflación bajos y estables los coeficientes de dolarización a menudo permanecen elevados en muchas economías. En este trabajo se muestra que la persistencia de la dolarización está relacionada con la heterogeneidad de los participantes en el mercado de depósitos en dólares, quienes poseen capacidades diferentes para procesar información. La relevancia empírica de este hecho se corrobora con datos provenientes de tres países de América Latina y de Polonia.

Suggested Citation

  • Paul Castillo Bardález & Diego Winkelried Quezada, 2006. "¿Por qué la dolarización es persistente?," Premio de Banca Central Rodrigo Gómez / Central Banking Award "Rodrigo Gómez", Centro de Estudios Monetarios Latinoamericanos, CEMLA, number prg2006, enero-jun.
  • Handle: RePEc:cml:prodgz:prg2006
    as

    Download full text from publisher

    File URL: http://cemla.org/PDF/premiobc/pub-lib-premio2006.pdf
    Download Restriction: no

    More about this item

    Keywords

    Dolarización; Heterogeneidad individual; Agregación;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cml:prodgz:prg2006. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ana Laura Sibaja-Jiménez). General contact details of provider: http://edirc.repec.org/data/cemlamx.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.