Output Drops and the Shocks That Matter /

Output drops are usually associated with major disruption for the residents of affected countries, both directly and often through ensuing, prolonged growth slowdowns. Using a century of data, we document that output drops are more frequent in countries at a lower stage of economic development. We t...

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Hlavní autor: Mauro, Paolo
Další autoři: Becker, Torbjorn
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2006.
Edice:IMF Working Papers; Working Paper ; No. 2006/172
On-line přístup:Full text available on IMF