Is dollarization an answer to economic crisis: evidence from Zimbabwe
This study seeks to establish the role of dollarization as a stabilisation policy in response to economic crises. Using an autoregressive distributed lag model, with data spanning the period 1980 through 2012, findings suggest that dollarization can be used as alternative monetary arrangement for ec...
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| Language: | English |
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2016
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| Online Access: | https://www.researchgate.net/publication/282818160 http://hdl.handle.net/11408/1667 |
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| author | Masunda, Stein |
| author_facet | Masunda, Stein |
| author_sort | Masunda, Stein |
| collection | DSpace |
| description | This study seeks to establish the role of dollarization as a stabilisation policy in response to economic crises. Using an autoregressive distributed lag model, with data spanning the period 1980 through 2012, findings suggest that dollarization can be used as alternative monetary arrangement for economic stabilization. The results of the study indicate that the mean GDP per capita in the dollarized era is on a high side as compared to the non-dollarized period. More so, past growth contributes positively and significantly to growth in an economy and the contribution declines with space. |
| id | ir-11408-1667 |
| institution | My University |
| language | English |
| publishDate | 2016 |
| record_format | dspace |
| spelling | ir-11408-16672022-06-27T13:49:05Z Is dollarization an answer to economic crisis: evidence from Zimbabwe Masunda, Stein Dollarization, Monetary arrangement, Exchange rate regime, Economic Growth, stabilization This study seeks to establish the role of dollarization as a stabilisation policy in response to economic crises. Using an autoregressive distributed lag model, with data spanning the period 1980 through 2012, findings suggest that dollarization can be used as alternative monetary arrangement for economic stabilization. The results of the study indicate that the mean GDP per capita in the dollarized era is on a high side as compared to the non-dollarized period. More so, past growth contributes positively and significantly to growth in an economy and the contribution declines with space. 2016-07-08T09:00:49Z 2016-07-08T09:00:49Z 2016 https://www.researchgate.net/publication/282818160 http://hdl.handle.net/11408/1667 en open |
| spellingShingle | Dollarization, Monetary arrangement, Exchange rate regime, Economic Growth, stabilization Masunda, Stein Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title | Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title_full | Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title_fullStr | Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title_full_unstemmed | Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title_short | Is dollarization an answer to economic crisis: evidence from Zimbabwe |
| title_sort | is dollarization an answer to economic crisis: evidence from zimbabwe |
| topic | Dollarization, Monetary arrangement, Exchange rate regime, Economic Growth, stabilization |
| url | https://www.researchgate.net/publication/282818160 http://hdl.handle.net/11408/1667 |
| work_keys_str_mv | AT masundastein isdollarizationananswertoeconomiccrisisevidencefromzimbabwe |