Economic theory suggest that dollarization increases the degree of interdependence between dollarized economy and anchor country. We test this for case U.S. Ecuador. evaluate existence common trends cycles amongst production variables. The analysis considers data at aggregate industry levels. At level, results show economies Ecuador were interrelated prior to dollarization. This interrelation i...

Türkiye’de 2001 finansal krizinden sonraki yıllarda aşılan dolarizasyon sorunu son yeniden ortayaçıkmıştır. Bu çalışma, 2006:01-2020:12 döneminde dolarizasyona neden olan temel ekonomik faktörleri tespitetmeyi amaçlamaktadır. İlk olarak, kesirli frekanslı Fourier ADF birim kök testi kullanılarak değişkenlerindurağanlık durumları analiz edilmiştir. Dolarizasyon, enflasyon ve reel faiz değişkenle...

This article discusses the impact of dollarization in Ecuador, Panama and El Salvador as well Argentine convertibility system. We found that adoption a more stable currency has had positive results those countries.
 Key words: Dollarization, Inflation, Central Bank, Balance Trade, Gold Standard, Cash Ratio, Exports, Flexible Exchange Rates.
 JEL Classification: E42, E44, E58.
 Re...

Emerging market countries have trouble ßoating, and many that claim to ßoat do not deliver on such promises. That is a main conclusion of much recent empirical work, starting with the papers of Calvo and Reinhart (2002) and Stein et al (1999). The reason for this would seem to be dollarization of liabilities and balance sheet effects. Calvo (1999 and 2000), Krugman (1999 and 2000), Stein, Hausm...