| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061471 | Economics Letters | 2009 | 4 Pages |
Abstract
Dollarization brought price stability and higher economic growth to Ecuador. Nevertheless, unemployment remained stubbornly high. Two opposing forces explain this result: sustained growth led to higher labor demand but price stabilization triggered substitution effects by cheaper intermediate goods and capital.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Raimundo Soto,