Emerging Market Business Cycles : The Role of Labor Market Frictions /

Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical interes...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Boz, Emine
Awduron Eraill: Durdu, Ceyhun Bora, Li, Nan
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/237
Mynediad Ar-lein:Full text available on IMF