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...

Полное описание

Библиографические подробности
Главный автор: Prasad, Eswar
Другие авторы: Kose, Ayhan, Terrones, Marco
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Working Papers; Working Paper ; No. 2005/019
Online-ссылка:Full text available on IMF