Spillovers to Central America in Light of the Crisis : What a Difference a Year Makes /
This paper investigates Central America's external linkages over the last fifteen years of increased integration in light of the 2008-09 global recession. Using structural VAR models, it is found that a one percent shock to U.S. growth shifts economic activity in Central America by 0.7 to 1 per...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2010.
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Series: | IMF Working Papers; Working Paper ;
No. 2010/035 |
Online Access: | Full text available on IMF |