Spillovers of Domestic Shocks : Will They Counteract the 'Great Moderation'? /

Even prior to the extreme volatility just observed, output growth volatility-following protracted decline-was flattening or mildly rising in some countries. More widespread was an increasing tendency from the mid-1990s for shocks in one country to transmit rapidly to other countries, creating the po...

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Bibliographic Details
Main Author: Mody, Ashoka
Other Authors: Carare, Alina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/078
Online Access:Full text available on IMF