Dollarization and economic interdependence: The case of Ecuador

Abstract: Economic theory suggests that dollarization increases the degree of interdependence between the dollarized economy and the anchor country. We test this theory for the case of the U.S. and Ecuador. We perform cointegration and common cycles tests for data at the aggregate and industry level...

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Auteurs principaux: Castillo-Ponce,Ramon A., Truong,Brian, Rodriguez-Espinosa,Maria de Lourdes
Langue:English
Publié: ILADES. Universidad Alberto Hurtado. 2021
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Accès en ligne:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702021000100085
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