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...
मुख्य लेखक: | |
---|---|
अन्य लेखक: | , |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2012.
|
श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2012/237 |
ऑनलाइन पहुंच: | Full text available on IMF |