Conference Paper
Dollarization and the integration of international capital markets; a contribution to the theory of optimal currency areas
Huybens, Elisabeth; Bencivenga, Valerie R.; Smith, Bruce D. (2001)
Proceedings

Report
Endogenous deposit dollarization
Broda, Christian; Yeyati, Eduardo Levy (2003)
This paper explores sources of deposit dollarization unrelated to standard moral hazard arguments. We develop a model in which banks choose the optimal currency composition of their liabilities. We argue that the equal treatment of peso and dollar claims in the event of bank default can induce banks to attract dollar deposits above the socially desirable level. The distortion arises because dollar deposits are the only source of default risk in the model, but dollar depositors share the burden of the default with peso depositors. The incentive to dollarize is reinforced by common banking ...
Staff Reports , Paper 160

Journal Article
The multiple-currency defense
Bronfenbrenner, Martin (1979)
FRBSF Economic Letter

Journal Article
Against the tide—currency use among Latin American immigrants in Chicago
Rice, Tara N.; Porter, Richard D.; Jankowski, Carrie (2007-04)
While the U.S. continues to transition away from cash toward electronic payment methods, some population segments continue to rely heavily on cash. In this study of foreign-born Latin Americans in Chicago, the authors find that the dramatic increase in the number of immigrants is supporting a growing demand for currency, notably in the $100 denomination.
Economic Perspectives , Volume 31 , Issue Q II , Pages 2-21

Conference Paper
Recent developments in Czechoslovakia
Tosovsky, Josef (1990)
Proceedings - Economic Policy Symposium - Jackson Hole

Report
Central bank dollar swap lines and overseas dollar funding costs
Miu, Jason; Kennedy, Craig; Goldberg, Linda S. (2010)
Following a scarcity of dollar funding available internationally to financial institutions, in December 2007 the Federal Reserve began to establish or expand Temporary Reciprocal Currency Arrangements with fourteen other central banks. These central banks had the capacity to use the swap facilities to provide dollar liquidity to institutions in their jurisdictions. This paper presents the developments in the dollar swap facilities through the end of 2009. The facilities were a response to dollar funding shortages outside the United States and were effective at making dollars more broadly ...
Staff Reports , Paper 429

Journal Article
Dollarization: what's in it for US?
Altig, David E. (2002-10)
Should the United States care if other countries abandon their own currencies and adopt the dollar? Dollarization imparts benefits to the United States as well as costs, and these ought to be weighed as we decide what to do about the growing number of countries turning to dollarization or considering it.
Economic Commentary , Issue Oct

Conference Paper
The benefits of dollarization when stabilization policy lacks credibility and financial markets are imperfect
Mendoza, Enrique G. (2001)
Proceedings

Conference Paper
Introduction: context, issues and contributions
Huybens, Elisabeth; Humpage, Owen F.; Hernandez-Delgado, Alejandro; Del Negro, Marco (2001)
Proceedings

Conference Paper
Commentary: currency convertibility in Eastern Europe
Frenkel, Jacob A. (1990)
Proceedings - Economic Policy Symposium - Jackson Hole