Why do people save in cash? Distrust, memories of banking crises, weak institutions and dollarization
نویسندگان
چکیده
منابع مشابه
Is There a Link between Dollarization and Banking Crises?
I estimate a multivariate probit model to identify key variables that are predictive of banking crises. To add to the literature on this subject, I focus on the role played by unofficial dollarization of domestic banking systems. Unofficial dollarization is a source of vulnerability for emerging markets as large depreciations render both domestic firms and banks unable to pay dollar-denominated...
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ژورنال
عنوان ژورنال: Journal of Banking & Finance
سال: 2013
ISSN: 0378-4266
DOI: 10.1016/j.jbankfin.2013.07.015