Central bank balance sheet expansion in a dollarized economy: the case of Ecuador
A textbook argument in favor of adopting another country’s legal tender is that it imposes strong constraints on money creation and therefore fiscal dominance. In Ecuador, an officially dollarized economy since January 2000, a series of accounting practices and subsequent changes in legislations app...
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| Natura: | article |
| Lingua: | spa |
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2023
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| Accesso online: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/418 |
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