Did dollarization help Ecuador?

Nicolás Cachanosky, Emilio Ocampo (), Karla C. Hernández and John Ramseur

Scottish Journal of Political Economy, 2025, vol. 72, issue 1

Abstract: This paper studies the impact of dollarization on the evolution of GDP per capita in Ecuador using synthetic control analysis (SCA). The results suggest a significant likelihood of a positive impact of dollarization. These results are relevant for countries with a history of high, persistent, and volatile inflation considering dollarization as a currency regime.

Date: 2025
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https://doi.org/10.1111/sjpe.12397

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Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:72:y:2025:i:1:n:e12397

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