The paper sheds light on the apparent success of dollarization in Ecuador. The experience of Argentina with … implies longer run consequences for lost development potential. -- Dollarization ; Balance of Payments ; Debt Sustainability …

dollarization data at the industrial level is available. We test whether real exchange rate fluctuations have a significant impact … on employment, and analyze whether the impact varies with the degree of trade openness and liability dollarization … effect is reversed as liability dollarization increases. In industries with high liability dollarization, the overall impact …