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...
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2014/067 |
| Accesso online: | Full text available on IMF |