Output Volatility and Large Output Drops in Emerging Market and Developing Countries /
This paper establishes that output volatility and the size of output drops have declined across all countries over the past three decades, but remain considerably higher in developing countries than in industrial countries. The paper employs a Bayesian latent dynamic factor model to decompose output...
| Главный автор: | |
|---|---|
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2007/114 |
| Online-ссылка: | Full text available on IMF |