Working papers
Working papers
Macrorprudential policy for internal financial dollarization (with Aleksei Oskolkov). Dollarization can arise as a domestic phenomenon in which firms insure households. We study the implications for prudential policy.
Trade and Financial Dollarization: Firm-Level Theory and Evidence (with Aleksei Oskolkov). We study the currency invoicing decision of Peruvian exporters during a period of de-dollarization of the national financial system.