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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Prasad, Eswar
Altri autori: Kose, Ayhan, Terrones, Marco
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2005.
Serie:IMF Working Papers; Working Paper ; No. 2005/019
Accesso online:Full text available on IMF