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The Dollarization Process In Mexico: 1983-1997, Luis J Del Rivero
The Dollarization Process In Mexico: 1983-1997, Luis J Del Rivero
UNLV Retrospective Theses & Dissertations
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 …