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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Tác giả chính: Kandil, Magda
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2014.
Loạt:IMF Working Papers; Working Paper ; No. 2014/067
Truy cập trực tuyến:Full text available on IMF