20 Years of Dollarization in Ecuador : A Synthetic Control Analysis

This paper uses a Synthetic Control Analysis to examine the economic effectiveness of dollarization in Ecuador. We address common concerns surrounding the adoption of dollarization as a policy and provide several solutions to those concerns. We find that dollarization resulted in significant higher levels of income without clear evidence of worsening in social health variables such as infant mortality, poverty, and income distribution

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Year of publication:	2020
Authors:	Cachanosky, Nicolas ; Ramseur, John
Publisher:	[S.l.] : SSRN
Subject:	Ecuador \| Währungssubstitution \| Currency substitution \| Wirkungsanalyse \| Impact assessment \| US-Dollar \| US dollar

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Extent:	1 Online-Ressource (35 p)
Series:	AIER Sound Money Project Working Paper ; No. 2020-16
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 20, 2020 erstellt
Other identifiers:	10.2139/ssrn.3678055 [DOI]
Classification:	E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; O43 - Institutions and Growth
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014094372