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...
Auteur principal: | |
---|---|
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2008.
|
Collection: | IMF Working Papers; Working Paper ;
No. 2008/100 |
Accès en ligne: | Full text available on IMF |