External Shocks and Business Cycle Fluctuations in Mexico : How Important are U.S. Factors? /

This paper examines the relative importance of external shocks as sources of business cycle fluctuations in Mexico, and identifies the dynamic responses of domestic output to foreign disturbances. Using a VAR model with block exogeneity restrictions, it finds that U.S. shocks explain a large share o...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Sosa, Sebastian
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/100
Online Zugang:Full text available on IMF