The Term Structure of Growth-at-Risk /
Using panel quantile regressions for 11 advanced and 10 emerging market economies, we show that the conditional distribution of GDP growth depends on financial conditions, with growth-at-risk (GaR)-defined as growth at the lower 5th percentile-more responsive than the median or upper percentiles. In...
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| Otros Autores: | , , |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2018/180 |
| Acceso en línea: | Full text available on IMF |