Now showing items 1-2 of 2

    • González Tissinetti, Aldo; Micco Aguayo, Alejandro; Montoya S., Ana María (2015)
      We estimate the correlation of foreign bank penetration and dollarization with competition in the banking industry in sixteen Latin American countries during the period 1995–2008. We apply Boone’s methodology to compute ...
    • Machicado, Carlos Gustavo (LOUISIANA STATE UNIV PR, 2008-03)
      This paper shows how uncertainty about liquidity demand can lead to a high degree of dollarization in the banking system. I study a model where the demand for currency in each period is random, and where it is easier for ...