Cristo, María Lorena Marí Del; Gómez-Puig, Marta - In: Applied Economics 45 (2013) 31, pp. 4395-4411
In this article, we examine the convenience of dollarization for Ecuador today. As Ecuador is strongly integrated financially and commercially with the United States, the exchange rate pass-through should be zero. However, we sustain that rising rates of imports from trade partners other than...