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...
| Κύριος συγγραφέας: | |
|---|---|
| Άλλοι συγγραφείς: | , |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 2013/119 |
| Διαθέσιμο Online: | Full text available on IMF |