Did Dollarization Help Ecuador?
21 Pages Posted: 22 Sep 2020 Last revised: 11 Jul 2024
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: 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
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