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Uruguay
By:International Monetary Fund
Published on 2008-02-01 by International Monetary Fund

This paper examines the inflation expectations, monetary policy credibility, and dollarization. Country fundamentals have explained variation in sovereign spreads, but external factors play an important role. This paper assesses the role of and prospects for bank-lending from a cyclical and structural perspectives. A model calibrated for Uruguay, a financially dollarized economy, suggests that reserves are nearing optimal prudential levels. The results of a modified Merton framework, applied to the case of the Uruguayan banking system, appear to be promising for countries without equity markets.

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Book ID of Uruguay's Books is gtI7z-C3ylMC, Book which was written byInternational Monetary Fundhave ETAG "RzfKLjMRdgE"

Book which was published by International Monetary Fund since 2008-02-01 have ISBNs, ISBN 13 Code is 9781451990607 and ISBN 10 Code is 145199060X

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Book which have "78 Pages" is Printed at BOOK under CategoryBusiness and Economics

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