Award Date

1-1-1998

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

First Committee Member

Ron M. Cronovich

Number of Pages

33

Abstract

The purpose of this study is to analyze the extent of dollarization in the Mexican economy during the period 1983-1997. Dollarization is defined as the replacement of domestic currency for dollars as a store of value or for transaction purposes. In this study, a narrow definition of dollarization will be used as an estimate of the amount of dollars circulating in the Mexican economy. This measure includes only the dollar-denominated demand deposits held by businesses in Mexican banks, since the public is no longer allowed to hold this type of accounts and a better measure for the exact amount of dollars circulating in the Mexican economy is not available. This study will emphasize the effects of expected peso depreciations, peso devaluations, and political changes on the dollarization process.

Keywords

Dollarization; Mexico; Process

Controlled Subject

Economics

File Format

pdf

File Size

1003.52 KB

Degree Grantor

University of Nevada, Las Vegas

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