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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Detaylı Bibliyografya
Yazar: Hoffmaister, Willy
Diğer Yazarlar: Roldos, Jorge
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1997.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1997/009
Online Erişim:Full text available on IMF