Detail práce

Drivers of financial de-dollarisation in CCA region.

Autor: Mgr. Ana Zviadadze
Rok: 2018 - letní
Vedoucí: PhDr. Jaromír Baxa Ph.D.
Konzultant:
Typ práce: Diplomová
Finance, finanční trhy a bankovnictví
Jazyk: Anglicky
Stránky: 74
Ocenění:
Odkaz: https://is.cuni.cz/webapps/zzp/detail/188344/
Abstrakt: After the dissolution of the Soviet Union, a number of post-soviet countries are facing a high
level of financial dollarisation. This thesis aims to estimate the determinants of both deposit
and loan de-dollarisation using panel vector autoregression model. The study covers five
countries of Caucasus and Central Asia region within the time frame of 2006:1 to 2017:1.
Our findings suggest that deposit de-dollarisation is driven by exchange rate depreciation. On
the other hand, a decrease in deposit dollarisation contributes to loan de-dollarisation. We
also find out that effective policies toward macroeconomic stability with the development of
the financial system can help to a decrease financial dollarisation level.

Partneři

Deloitte

Sponzoři

CRIF
McKinsey
Patria Finance
Česká Spořitelna
EY