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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Detalhes bibliográficos
Autor principal: Adler, Gustavo
Outros Autores: Magud, Nicolas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Working Papers; Working Paper ; No. 2013/103
Acesso em linha:Full text available on IMF