Are Business Cycles Different in Asia and Latin America? /
This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of output fluctuations is supply shocks, even in the short run; (ii) the real exchange rate...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
1997.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1997/009 |
| On-line přístup: | Full text available on IMF |