Abstract
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.
| Original language | English |
|---|---|
| Journal | Open Economies Review |
| DOIs | |
| State | E-pub ahead of print - 26 Jul 2025 |
Bibliographical note
Publisher Copyright:© The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2025.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 8 Decent Work and Economic Growth -
SDG 10 Reduced Inequalities -
SDG 17 Partnerships for the Goals
Keywords
- Dollarization
- Inequality
- Informality
- Poverty
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