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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Bibliographic Details
Main Authors: Castillo-Ponce,Ramon A., Truong,Brian, Rodriguez-Espinosa,Maria de Lourdes
Language:English
Published: ILADES. Universidad Alberto Hurtado. 2021
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Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702021000100085
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