Emerging Economy Business Cycles : Financial Integration and Terms of Trade Shocks /
This paper analyses the extent to which financial integration impacts the manner in which terms of trade affect business cycles in emerging economies. Using a s mall open economy model, we show that as capital account openness increases in an economy that faces trade shocks, business cycle volatilit...
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| Andre forfattere: | , |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2013/119 |
| Online adgang: | Full text available on IMF |