Short-term effects of productive credit, savings and money demand on Ecuador’s economic growth, 2006-2020
Abstract Purpose. This paper aims to determine causal relationships between the level of productive credit, real deposits and money demand – all of them in real terms – and Gross National Product between 2006 and 2020. Design/methodology/approach. The vector autoregressive technique (VAR) was used, where data from real macroeconomic aggregates published by the Central Bank […]