This paper studies the impact of dollarization on the evolution of GDP per capita in Ecuador using synthetic control analysis (SCA). The results suggest a significant likelihood of a positive impact of dollarization. These results are relevant for countries with a history of high, persistent, and volatile inflation considering dollarization as a currency regime.
CITATION STYLE
Cachanosky, N., Ocampo, E., Hernández, K. C., & Ramseur, J. (2024). Did dollarization help Ecuador? Scottish Journal of Political Economy. John Wiley and Sons Inc. https://doi.org/10.1111/sjpe.12397
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