INCOME DISTRIBUTION, FISCAL POLICY AND DOLLARIZATION: AN ANALYSIS FOR ECUADOR

Códigos JEL: C22, E12, E25, E32, E62

Authors

  • Washington Jesús Quintero Montaño Universidad de Guayaquil https://orcid.org/0000-0001-7412-5744
  • Luis Emilio Espinosa Calderón Universidad de Guayaquil
  • Liliana Auxiliadora Loor Vélez Universidad de Guayaquil

DOI:

https://doi.org/10.53591/fce.v3i3.1617

Keywords:

Fiscal Policy, Economic Cycles, Ecuador, Correlation, Hodrick-Prescott

Abstract

This paper presents empirical evidence about relationship between economic cycle and fiscal policy in Ecuador during the period of official dollarization in Ecuador (2001-2020), the analysis is divided for each of the different presidential periods. The two-stage Hodrick Prescott filtering technique and cross correlation function (CCF) are used to analyze strength and direction of the relationship between economic activity and fiscal policy variables. The main result found with the relationship between economic cycle and fiscal policy is that as presidential terms have progressed, procyclicality has increased.

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Published

2021-11-30

How to Cite

Quintero Montaño, W. J., Espinosa Calderón, L. E., & Loor Vélez, L. A. (2021). INCOME DISTRIBUTION, FISCAL POLICY AND DOLLARIZATION: AN ANALYSIS FOR ECUADOR: Códigos JEL: C22, E12, E25, E32, E62. Revista De La Facultad De Ciencias Económicas, 3(3), 49–91. https://doi.org/10.53591/fce.v3i3.1617

Issue

Vol. 3 No. 3 (2021): Revista de la Facultad de Ciencias Económicas

Section

ARTICULOS DE INVESTIGACIÓN

License

Copyright (c) 2024 Washington Jesús Quintero Montaño, Luis Emilio Espinosa Calderón, Liliana Auxiliadora Loor Vélez

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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