Did Dollarization Help Ecuador?

21 Pages Posted: 22 Sep 2020 Last revised: 11 Jul 2024

See all articles by Nicolas Cachanosky

Nicolas Cachanosky

The University of Texas at El Paso; American Institute for Economic Research; UCEMA Friedman-Hayek Center for the Study of a Free Society

Emilio Ocampo

UCEMA

Karla Hernández

affiliation not provided to SSRN

John Ramseur

Metropolitan State University of Denver - Department of Economics

Date Written: July 09, 2024

Abstract

This paper studies the impact on income per capita of dollarization in Ecuador. Synthetic control results point to the likelihood of a positive impact of dollarization. These results are policy-relevant for countries with troubled currencies considering dollarization in the short or mid-term.

Keywords: Ecuador, dollarization, synthetic control analysis

JEL Classification: E42; E50; O43

Suggested Citation

Cachanosky, Nicolas and Ocampo, Emilio and Hernández, Karla and Ramseur, John, Did Dollarization Help Ecuador? (July 09, 2024). C4FE Working Paper Series 2024/07, Available at SSRN: https://ssrn.com/abstract=3678055 or http://dx.doi.org/10.2139/ssrn.3678055

Nicolas Cachanosky (Contact Author)

The University of Texas at El Paso

500 West University Avenue
El Paso, TX 79968
United States

HOME PAGE: http://https://www.utep.edu/

American Institute for Economic Research

PO Box 1000
Great Barrington, MA 01230
United States

UCEMA Friedman-Hayek Center for the Study of a Free Society ( email )

Buenos Aires
Argentina

Emilio Ocampo

UCEMA ( email )

Córdoba 374
1054 Buenos Aires
Argentina

Karla Hernández

affiliation not provided to SSRN

John Ramseur

Metropolitan State University of Denver - Department of Economics ( email )

890 Auraria Pkwy
Denver, CO 80204
United States

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