"Emerging Markets Finance and Trade" . . "Dollarization in emerging markets: evidence from Georgia" . "48" . . . "Dollarization in emerging markets: evidence from Georgia" . . "131909" . . . "1"^^ . "US - Spojen\u00E9 st\u00E1ty americk\u00E9" . "000309269200005" . "1"^^ . . . "15"^^ . . "This paper studies dollarization using the implications of three versions of a money-in-utility function model. These versions accentuate the roles of the exchange rate, the interest rates on foreign and domestic currencies time deposits, and domestic and foreign inflation. Monthly Georgian data for the period 1996\u20132007 are employed in the analysis. Findings indicate that the U.S. dollar is a strong substitute for the domestic currency and has a significant share in domestic liquidity services. The historical dollarization is well explained by the exchange rate model."@en . . . "RIV/00216208:11640/12:00380574!RIV13-MSM-11640___" . "This paper studies dollarization using the implications of three versions of a money-in-utility function model. These versions accentuate the roles of the exchange rate, the interest rates on foreign and domestic currencies time deposits, and domestic and foreign inflation. Monthly Georgian data for the period 1996\u20132007 are employed in the analysis. Findings indicate that the U.S. dollar is a strong substitute for the domestic currency and has a significant share in domestic liquidity services. The historical dollarization is well explained by the exchange rate model." . "dollarization; Georgia; money-in-utility function"@en . "Dollarization in emerging markets: evidence from Georgia"@en . "[44D4D31CBB56]" . . "10.2753/REE1540-496X480304" . "Loiseau-Aslanidi, Olga" . "11640" . "1540-496X" . "I" . "Dollarization in emerging markets: evidence from Georgia"@en . . . "RIV/00216208:11640/12:00380574" . "3" . .