Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia
Main Author: | |
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Publication Date: | 2003 |
Format: | Article |
Language: | eng |
Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
Download full: | http://hdl.handle.net/1822/1304 |
Summary: | In this paper, we pick up three countries with different inflation experiences and dollarisation levels and we investigate whether dollarisation exhibits different reversibility patterns, as suggested by the literature. The sample includes a country that experienced hyperinflation (Bolivia), a high inflation country (Turkey) and a country that experienced moderate to low inflation (Indonesia). By providing evidence of dollarisation hysteresis in these three countries, this paper challenges the view according to which this phenomenon is confined to highly dollarised economies or to economies that experienced high inflation rates for long periods of time. |
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Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and IndonésiaMoney demandCurrency substitutionDollarisationHysteresisIn this paper, we pick up three countries with different inflation experiences and dollarisation levels and we investigate whether dollarisation exhibits different reversibility patterns, as suggested by the literature. The sample includes a country that experienced hyperinflation (Bolivia), a high inflation country (Turkey) and a country that experienced moderate to low inflation (Indonesia). By providing evidence of dollarisation hysteresis in these three countries, this paper challenges the view according to which this phenomenon is confined to highly dollarised economies or to economies that experienced high inflation rates for long periods of time.Universidade do MinhoFreitas, Miguel Lebre de20032003-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/1304enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-11T05:49:54Zoai:repositorium.sdum.uminho.pt:1822/1304Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T15:31:35.702931Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
dc.title.none.fl_str_mv |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
title |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
spellingShingle |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia Freitas, Miguel Lebre de Money demand Currency substitution Dollarisation Hysteresis |
title_short |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
title_full |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
title_fullStr |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
title_full_unstemmed |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
title_sort |
Revisiting dollarisation hysteresis : evidence from Bolivia, Turkey and Indonésia |
author |
Freitas, Miguel Lebre de |
author_facet |
Freitas, Miguel Lebre de |
author_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Freitas, Miguel Lebre de |
dc.subject.por.fl_str_mv |
Money demand Currency substitution Dollarisation Hysteresis |
topic |
Money demand Currency substitution Dollarisation Hysteresis |
description |
In this paper, we pick up three countries with different inflation experiences and dollarisation levels and we investigate whether dollarisation exhibits different reversibility patterns, as suggested by the literature. The sample includes a country that experienced hyperinflation (Bolivia), a high inflation country (Turkey) and a country that experienced moderate to low inflation (Indonesia). By providing evidence of dollarisation hysteresis in these three countries, this paper challenges the view according to which this phenomenon is confined to highly dollarised economies or to economies that experienced high inflation rates for long periods of time. |
publishDate |
2003 |
dc.date.none.fl_str_mv |
2003 2003-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/1304 |
url |
http://hdl.handle.net/1822/1304 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
dc.format.none.fl_str_mv |
application/pdf |
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