External Shocks on a Dollarized Economy: An Empirical Evidence From Ecuador

Theory suggests that countries within a dollarized regime will have problems responding to external shocks, since these countries lack of monetary policy. Empirical research on this issue is based mainly on the case of Panama, as the country adopted dollarization in 1904. However, since 2000 Ecuador...

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Bibliographic Details
Main Author: Zambrano Córdova, Elena (author)
Format: article
Language:spa
Published: 2019
Subjects:
Online Access:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/71
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