Publicação
An analysis of Ecuador’s real effective exchange rate under dollarization
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Freitas, Miguel Lebre de | |
| dc.contributor.author | Lapeyre Jr, Philip Francis | |
| dc.date.accessioned | 2025-03-26T13:34:45Z | |
| dc.date.available | 2025-03-26T13:34:45Z | |
| dc.date.issued | 2024-01-30 | |
| dc.date.submitted | 2023-12-20 | |
| dc.description.abstract | A time-series ARDL model produced an estimated REER misalignment that was larger in its overvaluation than the estimated overvaluations of the EQCHANGE database and the IMF reports. All three estimates corroborated that movement of REER after the 2014-2016 decline in oil prices deviated from what the macroeconomic fundamentals would justify. An analysis, rooted in separate evaluations by the IMF, of dollarization’s role in Ecuador’s overvalued REER through an appreciation of the dollar and unsynchronized business cycles. The implications of a persistently overvalued REER are varied, but its effect on competitiveness and productivity of tradables is noteworthy given Ecuador’s low-complexity exports. | pt_PT |
| dc.identifier.tid | 203902572 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/181390 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Macroeconomics | pt_PT |
| dc.subject | Real effective exchange rate | pt_PT |
| dc.subject | Dollarization | pt_PT |
| dc.subject | Ecuador | pt_PT |
| dc.title | An analysis of Ecuador’s real effective exchange rate under dollarization | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in Economics from the Nova School of Business and Economics | pt_PT |