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...

Description complète

Détails bibliographiques
Auteur principal: Cerra, Valerie
Autres auteurs: Saxena, Sweta
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:IMF Working Papers; Working Paper ; No. 2003/048
Sujets:
Accès en ligne:Full text available on IMF