Dollarization, Economic Growth and Employment

Dollarization brought price stability and higher economic growth to Ecuador. Nevertheless, unemployment remained stubbornly high. Two opposing forces explain this result: Sustained growth led to higher labor demand but price stabilization triggered substitution effects by cheaper intermediate goods and capital

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Year of publication:	2010
Authors:	Soto, Raimundo
Publisher:	[S.l.] : SSRN
Subject:	Wirtschaftswachstum \| Economic growth \| Währungssubstitution \| Currency substitution \| Erwerbstätigkeit \| Employment \| US-Dollar \| US dollar \| Beschäftigungseffekt \| Employment effect
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Series:	Economics Letters ; Vol. 105, No. 1, 2009
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December, 21 2009 erstellt Volltext nicht verfügbar
Classification:	E24 - Employment; Unemployment; Wages ; E27 - Forecasting and Simulation ; E65 - Studies of Particular Policy Episodes ; C5 - Econometric Modeling
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014199663