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