How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility? /

The influential work of Ramey and Ramey (1995) highlighted an empirical relationship that has now come to be regarded as conventional wisdom-that output volatility and growth are negatively correlated. We reexamine this relationship in the context of globalization-a term typically used to describe t...

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Autor principal: Prasad, Eswar
Altres autors: Kose, Ayhan, Terrones, Marco
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2005.
Col·lecció:IMF Working Papers; Working Paper ; No. 2005/019
Accés en línia:Full text available on IMF