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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Terrones, Marco
Weitere Verfasser: Kose, Ayhan, Prasad, Eswar
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/050
Online Zugang:Full text available on IMF