Business cycle, oil-related fiscal policy and political cycle: the case of Ecuador
- Autores: Igor Ernesto Díaz Kovalenko
- Directores de la Tesis: José Luis Torres Chacón (dir. tes.)
- Lectura: En la Universidad Internacional de Andalucía ( España ) en 2024
- Idioma: inglés
- ISBN: 978-84-7993-726-3
- Número de páginas: 101
- Enlaces
- Tesis en acceso abierto en: Repositorio de la UNIA
- Resumen
This doctoral thesis deals with the description and analysis of Ecuador's economic cycle. For this purpose, several theoretical frameworks, methodologies and quantitative techniques are used. First, the characterization of the Ecuadorian economy and cycle is developed through various decomposition techniques, correlograms and cross-correlations. Second, the synchronization of the Ecuadorian cycle with its main trading partners is analyzed, explaining this phenomenon from the perspective of trade. Third, by using the methodology of real economic cycles and developing a stochastic dynamic general equilibrium model, the volatility of the Ecuadorian cycle is explained. Finally, the theoretical framework of the political business cycle, especially the perspective of opportunistic politicians, is used to link political instability with the country's economic performance.
