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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Prasad, Eswar
Weitere Verfasser: Kose, Ayhan, Terrones, Marco
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2005.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2005/019
Online Zugang:Full text available on IMF