Did Output Recover From the Asian Crisis? /

This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly afte...

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Автор: Cerra, Valerie
Інші автори: Saxena, Sweta
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2003.
Серія:IMF Working Papers; Working Paper ; No. 2003/048
Предмети:
Онлайн доступ:Full text available on IMF
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245 1 0 |a Did Output Recover From the Asian Crisis? /  |c Valerie Cerra, Sweta Saxena. 
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520 3 |a This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly after the crisis, there is evidence of permanent losses in the levels of output in all of the countries studied. 
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650 7 |a Business Cycles  |2 imf 
650 7 |a Crisis  |2 imf 
650 7 |a Growth Rate  |2 imf 
650 7 |a WP  |2 imf 
651 7 |a Hong Kong Special Administrative Region, People's Republic of China  |2 imf 
700 1 |a Saxena, Sweta. 
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