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Dolarización y fragilidad financiera en el Perú

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  • Gloria Canales

Abstract

The paper analyzes empirically the process of price dollarization in Peru since 1980. This process is defmed like indexation by the exchange rate. A review of the bibliographic material relative to dollarization is previously done. Wealth dollarization is preliminary studied too. The results show a monetary and prices “hysteresis”.

Suggested Citation

  • Gloria Canales, 1993. "Dolarización y fragilidad financiera en el Perú," Documentos de Trabajo / Working Papers 1993-115, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00115
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    File URL: http://files.pucp.edu.pe/departamento/economia/DDD115.pdf
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    References listed on IDEAS

    as
    1. Roque B. Fernández, 1990. "Exchange Rate Policy and Hyperinflation," CEMA Working Papers: Serie Documentos de Trabajo. 72, Universidad del CEMA.
    2. Calvo, Guillermo A & Rodriguez, Carlos Alfredo, 1977. "A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 617-625, June.
    3. Rudiger Dornbusch & Daniel Valente Dantas & Clarice Pechman & Roberto de Rezende Rocha & Demetrio SimÅes, 1983. "The Black Market for Dollars in Brazil," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 25-40.
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