Scholarlink

<p>Dollarization, often used to stabilize economies facing macroeconomic instability, has been studied for its macroeconomic impacts. However, its socio-economic conse- quences remain largly unexplored. This study addresses this gap by estimating the causal effects of dollarization on poverty and inequality. Using a dynamic panel data approach, we find that increased dollarization leads to higher poverty and inequal- ity. We propose two potential pathways: an expanded informal sector and depressed consumption, due to dollarization.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

What About the Impact of Dollarization on Poverty and Inequality?

  • 期刊论文

  • 发表日期：

    2025年7月26日

查看全文
  • Alberto Chong,
  • Soojin Kim

摘要

Dollarization, often used to stabilize economies facing macroeconomic instability, has been studied for its macroeconomic impacts. However, its socio-economic conse- quences remain largly unexplored. This study addresses this gap by estimating the causal effects of dollarization on poverty and inequality. Using a dynamic panel data approach, we find that increased dollarization leads to higher poverty and inequal- ity. We propose two potential pathways: an expanded informal sector and depressed consumption, due to dollarization.