Common Factors in Latin America's Business Cycles /

This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic factors extracted from a comprehensive set of sectoral output, external data, and fiscal and financial variables spanning over a century. The constructed indices are used to derive a bus...

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Bibliographic Details
Main Author: Timmermann, Allan
Other Authors: Aiolfi, Marco, Catao, Luis
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/049
Online Access:Full text available on IMF