@techreport{NBERw12788, title = "Monetary Policy Challenges in Emerging Markets: Sudden Stop, Liability Dollarization, and Lender of Last Resort", author = "Guillermo A. Calvo", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "12788", year = "2006", month = "December", URL = "http://www.nber.org/papers/w12788", }