Dollarization and growth : a synthetic control approach to Ecuador and El Salvador’s cases.

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dc.contributor.advisorCunningham, A. Scott.
dc.creatorYepes, Juan P., 1991-
dc.date.accessioned2016-06-21T14:14:24Z
dc.date.accessioned2017-04-07T19:35:27Z
dc.date.available2016-06-21T14:14:24Z
dc.date.available2017-04-07T19:35:27Z
dc.date.created2016-05
dc.date.issued2016-04-21
dc.date.submittedMay 2016
dc.date.updated2016-06-21T14:14:24Z
dc.description.abstractThis thesis examines the impact of full dollarization on economic growth in Ecuador and El Salvador by employing the synthetic control method. We find that, relative to the counterfactual built, these currency substitutions had no effect on real income per capita. We use placebo exercises to explore the statistical significance of our results. We intend to determine the validity of the method to monetary substitution questions. The paper concludes that there is no causal relationship between dollarization and economic growth, but that better insight into a country’s growth parameters can result in more robust findings.
dc.format.mimetypeapplication/pdf
dc.identifier.urihttp://hdl.handle.net/2104/9617
dc.language.isoen
dc.rights.accessrightsWorldwide access
dc.subjectSynthetic control method. Dollarization. Growth. Ecuador. El Salvador.
dc.titleDollarization and growth : a synthetic control approach to Ecuador and El Salvador’s cases.
dc.typeThesis
dc.type.materialtext

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