Master of Arts (MA)
First Committee Member
Ron M. Cronovich
Number of Pages
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.
Dollarization; Mexico; Process
University of Nevada, Las Vegas
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Del Rivero, Luis J, "The dollarization process in Mexico: 1983-1997" (1998). UNLV Retrospective Theses & Dissertations. 878.