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Financial Alternatives in the Ecuadorian Exchange Market during COVID-19

Valeria Anabel Garcés Padilla

X-pedientes_Económicos, 2022, vol. 6, issue 14, 55-64

Abstract: The COVID-19 pandemic triggered a set of policies implemented by the Ecuadorian Government such as the lockdown decreed inMarch 2020. The policy is exploited as an exogenous variationin a discontinuous regressionin time design (RDiT)with administrative data,in orderto evaluate its impact over the placements of non-public institutionsand companiesfrom March 2019 to March 2021 over the Ecuadorian Exchange Market. For instance, there is a significant increase in the amount of placements after the lockdowndue to the companies’ need of financial aidand liquidityoutside the traditional corporateloans offered by the banking sector to maintaintheir operations.

Date: 2022
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