Economics at your fingertips  

Desdolarización financiera en Bolivia

Marco Del Río Rivera () and Casto Montero Kuscevic

Estudios Económicos, 2014, vol. 29, issue 1, 3-25

Abstract: Using data for the period 1990-2010 and a portfolio optimization approach, we identify the causes of the process of financial de-dollarization in Bolivia (bolivianization). Cointegration tests showed the existence of a long-run relationship between de-dollarization and the optimizing portfolio approach. Additionally, we found that the Tax to Financial Transactions and the exchange rate spread are the most influential variables to determine bolivianization.

Keywords: dollarization; monetary policy; cointegration models. (search for similar items in EconPapers)
JEL-codes: C32 E42 E52 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Estudios Económicos from El Colegio de México, Centro de Estudios Económicos Contact information at EDIRC.
Bibliographic data for series maintained by Ximena Varela ().

Page updated 2023-11-14
Handle: RePEc:emx:esteco:v:29:y:2014:i:1:p:3-25