Financial Integration and Macroeconomic Volatility /

This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s relative...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Terrones, Marco
Awduron Eraill: Kose, Ayhan, Prasad, Eswar
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2003.
Cyfres:IMF Working Papers; Working Paper ; No. 2003/050
Mynediad Ar-lein:Full text available on IMF