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http://dspace.udla.edu.ec/handle/33000/16539| Tipo de material : | masterThesis |
| Título : | Inflation in a dollarized economy: the role of fiscal policy |
| Autor : | Bunce Andrade, Alan Eduardo |
| Palabras clave : | DOLARIZACIÓN ECONÓMICA;GASTO PÚBLICO;POLÍTICA FISCAL;ECONOMÍA ECUATORIANA |
| Fecha de publicación : | 2024 |
| Editorial : | Quito: Universidad de las Américas, 2024 |
| Citación : | Bunce, A. (2024). Inflation in a dollarized economy: the role of fiscal policy (Tesis de maestría). Universidad de las Américas, Quito. |
| Descripción : | This study analyzes the price gap between Ecuador, a dollarized economy, and the United States. As Ecuador´s public spending has increased, the Price gap has also widened. Therefore, we focus on Ecuador´s public spending as the factor that generates Price divergence between the two economies. We rely on cointegration análisis to study thelong run relationship between government spending and the price differential. Using an SVEC model, we find that shocks to the Ecuadorian public expenditure predominantly explain the Price gap variance. This shock has along lasting effect on the Price gap. We also briefly analyze the role of oil prices in public spending and find a significant impact on Ecuadorian public expenditure. |
| URI : | http://dspace.udla.edu.ec/handle/33000/16539 |
| Aparece en las colecciones: | Maestría en Econometría |
Ficheros en este ítem:
| Fichero | Descripción | Tamaño | Formato | |
|---|---|---|---|---|
| UDLA-EC-TMEC-2024-05.pdf | 1,22 MB | Adobe PDF | Visualizar/Abrir |
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