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...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2009.
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Series: | IMF Working Papers; Working Paper ;
No. 2009/067 |
Acceso en liña: | Full text available on IMF |