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...

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Dettagli Bibliografici
Autore principale: Sosa, Sebastian
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/100
Accesso online:Full text available on IMF