School of Business and Economics
Campus Universitario
Pamplona 31080, Navarra
Spain
University of Navarra
Pass-through, dollarization, balance-sheet effect
Financial Markets, Investment, Asymmetry of Response of Credit, Lending Rates
growth, credit, market imperfections
Economic growth, Credit, Markets, Economic models
capital inflows, emerging market economies, external imbalances, exchange rate policy, policy designs, causality test
Multiple equilibrium, externalities, market imperfections, development, sunspot equilibrium, credit market