Accounting for Output Drops in Latin America /

This paper evaluates what type of models can account for the recent episodes of output drops in Latin America. I develop an open economy version of the business cycle accounting methodology (Chari, Kehoe, and McGrattan, 2007) in which output fluctuations are decomposed into four sources: total facto...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Lama, Ruy
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/067
Online Zugang:Full text available on IMF