Institutions and financial dollarization: Indirect effects based on a policy experiment

被引：4
|
作者：
Neanidis, Kyriakos C. [1 ,2 ]
Savva, Christos S. [3 ]
机构：
[1] Univ Manchester, Manchester, Lancs, England
[2] Ctr Growth & Business Cycle Res, Manchester, Lancs, England
[3] Cyprus Univ Technol, Dept Commerce Finance & Shipping, CY-3603 Lemesos, Cyprus
来源：
ECONOMICS LETTERS | 2013年 / 121卷 / 03期
关键词：
Dollarization; EU membership; FAVAR; Institution;
D O I：
10.1016/j.econlet.2013.09.027
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We provide evidence that institutional improvements lead to lower levels of financial dollarization through previously unidentified channels. These indirect channels operate in addition to the direct impact identified in the literature and further illustrate the importance of institutions for the extent of banking dollarization. (C) 2013 Elsevier B.V. All rights reserved.
引用
收藏
页码：405 / 410
页数：6
相关论文
共 50 条
12345