International Sanctions and Dollar Dominance / Javier Bianchi, César Sosa-Padilla.

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Bianchi, Javier

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TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w31024.Publication details: Cambridge, Mass. National Bureau of Economic Research 2023.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: This paper investigates the implications of international financial sanctions for the reserve currency status of the US dollar. We propose a simple model of a reserve currency, demonstrate how the anticipation of financial sanctions can weaken the dollar's status, and evaluate the welfare implications.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w31024 (Browse shelf(Opens below))	Not For Loan

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Previous	nber w31021 The Impact of University Patent Ownership on Innovation and Commercialization /	nber w31022 Biodiversity Finance /	nber w31023 Do Older Adults Accurately Forecast Their Social Security Benefits? /	nber w31024 International Sanctions and Dollar Dominance /	nber w31025 A Major Shock Makes Prices More Flexible and May Result in a Burst of Inflation or Deflation /	nber w31026 The Macroeconomics of Trade Credit /	nber w31027 Identification in a Binary Choice Panel Data Model with a Predetermined Covariate /	Next

March 2023.

This paper investigates the implications of international financial sanctions for the reserve currency status of the US dollar. We propose a simple model of a reserve currency, demonstrate how the anticipation of financial sanctions can weaken the dollar's status, and evaluate the welfare implications.