Dollarization as a Monetary Arrangement for Emerging Market Economies (ICPSR 1250)

Published: Mar 8, 2002

Principal Investigator(s):
Gaetano Antinolfi, Federal Reserve Bank of St. Louis; Todd Kliester, Federal Reserve Bank of St. Louis

https://doi.org/10.3886/ICPSR01250.v1

Version V1

Official dollarization refers to the adoption of the United States dollar as legal tender in place of the national currency. Some Latin American countries have recently dollarized, and others have seriously considered dollarization. This article discusses the reasons behind the surge of interest in dollarization and provides a review of the new academic literature on the topic. It discusses in detail some of the factors that are commonly considered to be the important costs and benefits of dollarizing. The paper also provides an analysis of the existing liability dollarization in several countries and its relation with official dollarization. Finally, it briefly looks at dollarization from the perspective of the United States.

Antinolfi, Gaetano, and Kliester, Todd. Dollarization as a Monetary Arrangement for Emerging Market Economies. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2002-03-08. https://doi.org/10.3886/ICPSR01250.v1

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(1) The file submitted is a data file, 0111gad.xls. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator if further information is desired.

2002-03-08

2002-03-08

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