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.

Acceder al documento: https://onlinelibrary.wiley.com/doi/full/10.1111/sjpe.12397