Four Decades of Terms-of-Trade Booms : Saving-Investment Patterns and a New Metric of Income Windfall /
We study the history of terms-of-trade booms (during 1970-2012), with a focus on Latin America, through the prisms of a simple metric that quantifies the associated income windfall. We also document saving patterns during these episodes and propose a measure of how much of the income windfall was sa...
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| Formato: | Revista |
| Idioma: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| Series: | IMF Working Papers; Working Paper ;
No. 2013/103 |
| Acceso en liña: | Full text available on IMF |