Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
August 20, 2025International Journal of Energy Economics and PolicyOpen Access

Inflation without a Central Bank: The Role of Oil and Fiscal Shocks in Ecuador

View Full Paper
Ask AI
Bookmark
Share

Authors

FCFreddy Ronalde Camacho-Villagomez

Discussion

Loading...

Member takes

Overview

Analysis uncovers inflation influences from oil revenues and government investment in Ecuador, indicating fiscal policy's critical role.

Key Points

  • Both oil revenues and government investment significantly impact inflation, while government consumption does not.
  • Oil revenues influence the price level through fiscal policy, highlighting their transmission effect in dollarized economies.
  • Structural vector autoregression analysis provides insights into the dynamic impact of public spending on inflation.
  • Findings suggest that without monetary policy autonomy, fiscal policy is crucial for managing external inflation shocks.

Cite This Study

Freddy Ronalde Camacho-Villagomez (2025) studied this question.

synapsesocial.com/papers/68af4cdfad7bf08b1ead689ahttps://doi.org/10.32479/ijeep.20070
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Estimating the Impact of Oil Price Volatility on the Ecuadorian Economy: A MIDAS Approach2024
  2. 2External Shocks, Fiscal Transmission Mechanisms, and Macroeconomic Volatility: Evidence from Ecuador2026
  3. 3Oil Dependency: Impact on the economy of Ecuador2024 · 2 citations
  4. 4Asymmetric Effects of Oil Price Volatility on Government Expenditure in Oil-Importing African Countries: Evidence from Zambia2024
  5. 5The Effects of Oil Price on Energy Production and the Ecuadorian Economy2024