Identifying the Common Component in International Economic Fluctuations : A New Approach /

This paper develops an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylized features of the data documented in the paper. The model allows for a unifi...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Lumsdaine, Robin
Weitere Verfasser: Prasad, Eswar
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/154
Online Zugang:Full text available on IMF