Edwards, Sebastian; Magendzo, I. Igal - National Bureau of Economic Research (NBER) - 2001
lower rate of economic growth than non-dollarized ones. Finally, we find that macroeconomic volatility is not significantly … different across dollarized and non-dollarized economies. We conjecture that the lower rate of economic growth in dollarized … its supporters' claim, dollarization is associated with lower inflation and faster growth. We analyze this issue by using …