Does Demand Volatility Lower Growth and Raise Inflation? : Evidence from the Caribbean /

The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price inflation over the business cycle in a sample of fifteen Caribbean countries. In most countries, the evidence indicates the existence of structural constraints, implying that positive d...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kandil, Magda
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Working Papers; Working Paper ; No. 2014/067
الوصول للمادة أونلاين:Full text available on IMF