Monetary policy in a dollarized economy where balance sheets matter

Journal of Development Economics

Volumn 66, Issue 2, 2001, Pages 445-464

  Chang, Roberto ^a   Velasco, Andrés ^b  

^a RUTGERS UNIVERSITY   (United States)

^b HARVARD UNIVERSITY   (United States)

Author keywords

Dollarization; Monetary policy; Net worth effects

Indexed keywords

CAPITAL MARKET; EXCHANGE RATE; MODEL; MONETARY POLICY;

EID: 0035175497     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3878(01)00170-5     Document Type: Article

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11. Costly monitoring, loan contracts, and equilibrium credit rationing