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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bhattacharya, Rudrani
Muut tekijät: Patnaik, Ila, Pundit, Madhavi
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2013.
Sarja:IMF Working Papers; Working Paper ; No. 2013/119
Linkit:Full text available on IMF