Dollarization, economic growth, and employment

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 1
Pages: 42-45

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:1:p:42-45
Journal Field
General
Author Count
1
Added to Database
2026-01-29