The influence of external sector on ecuadorian liquidity, 2000-2016
Main Article Content
Abstract
The purpose of this paper is to study the influence of the representative variables of the external sector within the Ecuadorian liquidity, for the period dollarized between the years 2000 to 2016, specifically focusing on the variables European and American international interest rate, exchange rate, assets and exportations. In addition, this paper analyzed the impact of liquidity on the gross domestic product. As can be seen from the results obtained, the country is more vulnerable to different external shocks, mainly, it is more sensitive to the foreign interest rate.
URL: https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/919
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The publications of the Boletín de Coyuntura are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). The Universidad Técnica de Ambato retains the copyright of the published works, and favors and allows the reuse of these, as long as: the authorship and original source of publication is cited, and they are not used for commercial or onerous purposes. The intellectual property of the published articles belongs to the authors.
References
Friedman, M. (1959). The demand for money: some theoretical and empirical results. Journal of political economy, 1-29. Recuperado el 23 de Agosto de 2018, de http://papers.nber.org/books/frie59-1
Gaviria, F. C. (2006). Moneda, banca y teoría monetaria (Vol. VI). (J. Lozano, Ed.) Bogotá, Colombia: Universidad de Bogotá.
Krugman, P., Obstfeld, M., & Melitz, M. (2012). Economía Internacionnal Teoría y Política. Madrid: PEARSON S.A.
Larrea, C. (2004). Pobreza, Dolarización y Crisis en el Ecuador. Quito: ILDIS, IEE, FLACSO y Abya-Yala.
Onur, B., & Togay, S. (2014). Efectos de la dolarización oficial en una pequeña economía abierta: el caso de Ecuador. Revista Investigaciones Económicas, 51-86.
Porter, D., & Gujarati, D. (2010). Econometría (Vol. V). México: MC Graw Hill.
Smtih, A. (1776). An Inquiry into the Nature and Causes of the Wealth of Nations. (C. Rodríguez, Ed., & C. Rodríguez, Trad.) Epublibre.