Short-term impact of COVID-19 on financial system in a dollarized economy

Authors

DOI:

https://doi.org/10.46661/revmetodoscuanteconempresa.5556

Keywords:

COVID-19, lockdown, financial system, regression discontinuity, Ecuador

Abstract

This paper analyzes the short-term impact of the lockdown policies implemented to stop the spread of the COVID-19 on the Ecuadorian financial system. We use a regression discontinuity in time (RDiT) design jointly with official data. Results show an overall decrease in total deposits (-3.4%) as well as in credits targeted to private sector (-0.60%). In addition, we find heterogeneous results across the different types of credits and deposits being the most affected those related to public institutions. 

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Published

2022-06-02

How to Cite

Camino-Mogro, S. (2022). Short-term impact of COVID-19 on financial system in a dollarized economy. Journal of Quantitative Methods for Economics and Business Administration, 33, 3–13. https://doi.org/10.46661/revmetodoscuanteconempresa.5556

Issue

Vol. 33 (2022)

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