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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kandil, Magda
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2014.
Sraith:IMF Working Papers; Working Paper ; No. 2014/067
Rochtain ar líne:Full text available on IMF