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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Boz, Emine
Beste egile batzuk: Durdu, Ceyhun Bora, Li, Nan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/237
Sarrera elektronikoa:Full text available on IMF