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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Hlavní autor: Cerra, Valerie
Další autoři: Saxena, Sweta
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2003.
Edice:IMF Working Papers; Working Paper ; No. 2003/048
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On-line přístup:Full text available on IMF