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Title: Institutions and financial dollarization: Indirect effects based on a policy experiment
Authors: Neanidis, Kyriakos C. 
Savva, Christos S. 
Keywords: Dollarization;EU membership;FAVAR;Institution
Category: Economics and Business
Field: Social Sciences
Issue Date: 2013
Publisher: Elsevier Ltd
Source: Economics Letters, 2013, Volume 121, Issue 3, Pages 405-410
Abstract: 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.
ISSN: 01651765
Rights: © 2013 Elsevier B.V.
Type: Article
Appears in Collections:Άρθρα/Articles

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