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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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Серія: | IMF Working Papers; Working Paper ;
No. 1997/009 |
| Онлайн доступ: | Full text available on IMF |