Husnu Dalgic What is the Impact of Dollarization in Developing Economies?
Husnu Dalgic is a postdoctoral researcher in the Department of Economics at the University of Mannheim. Having completed his doctoral work at Northwestern University, Dalgic’sresearch focuses on macroeconomics and international economics. A member since 2018 of the Collaborative Research Center CRC TR 224 Bonn-Mannheim, Dalgic received the first prize in the 2017 Central Bank of Turkey Research Award on Emerging Markets.
Area of Research
Macroeconomics
since 2018
Postdoctoral Researcher
University of Mannheim (Universität Mannheim) (more details)
Department of Economics
since 2018
Member
University of Mannheim (Universität Mannheim) (more details)
The Collaborative Research Center (CRC) TR 224 – EPoS
2018
Ph.D. Economics
Northwestern University, Illinois
Dissertation: Financial Dollarization in Emerging Markets, Committee Chairperson: Professor Lawrence Christiano
2013
M.A. of Economics
Northwestern University, Illinois
2012
M.A. of Economics
Toulouse School of Economics (TSE)
2010
B.A. of Economics
Boğaziçi University
Prizes
- First Place, Central Bank of Republic of Turkey Research Award (2017)
- Alper Orhon Award for Excellence in Mathematical Statistics and Econometrics, Bogazici University (2010)
Fellowships
- Dissertation Fellowship, Northwestern University (2017)
University of Mannheim (Universität Mannheim)
Mannheim, GermanyFor generations, the University of Mannheim has been preparing students to take on leadership roles in business, academia, and society. One of the university’s strengths in this task is its profile, which is characterized by the economic and social sciences. It is in these fields that the University of Mannheim has repeatedly been ranked as one of the top 20 European research institutions. Key focuses of Mannheim researchers include decision-making processes and elections, governance, regulation, competition and innovation, migration and multilingualism, and the culture of change. The campus surrounding Mannheim’s baroque palace is a place where bright minds from across the globe come together to learn, discuss, research, and prepare to make their mark on the world.
Institute
The Collaborative Research Center (CRC) TR 224 – EPoS
The Collaborative Research Center (CRC) TR 224 – EPoS is a cooperation between the University of Bonn and the University of Mannheim. Funded by the German Research Foundation (DFG), it aims to analyze and provide policy proposals that address three key societal challenges: how to promote equality of opportunity; how to regulate markets in light of the internationalization and digitalization of economic activity; and how to safeguard the stability of the financial system.
Map
In developing economies, significant amounts of financial intermediation take place in foreign currency, a phenomenon referred to as dollarization. In this video, HUSNU DALGIC analyzes dollarization and its impacts. Looking at data on households and companies as well as broader economic trends, Dalgic’s work calls into question the broadly held assumption that dollarization leads to financial instability. Defining dollarization as a ‘within country insurance arrangement’, the research shows how borrowing and lending in a foreign currency can bring significant benefits.
LT Video Publication DOI: https://doi.org/10.21036/LTPUB101032
Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?
- Lawrence Christiano, Husnu Dalgic and Armen Nurbekyan
- Published in 2021
