Did dollarization help Ecuador?

Nicolás Cachanosky, Emilio Ocampo, Karla Hernández and John Ramseur

No 877, CEMA Working Papers: Serie Documentos de Trabajo. from Universidad del CEMA

Abstract: This paper studies the impact on income per capita of dollarization in Ecuador using synthetic control analysis (SCA). The results support the hypothesis that dollarization can have a positive impact on economic growth. Such conclusion is very relevant for countries with high, persistent and volatile inflation considering dollarization as a currency regime.

Keywords: Ecuador; dollarization; synthetic control analysis (search for similar items in EconPapers)
JEL-codes: E42 E50 O43 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2024-07
New Economics Papers: this item is included in nep-fdg, nep-mon and nep-pay
References: Add references at CitEc
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Persistent link: https://EconPapers.repec.org/RePEc:cem:doctra:877

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