Emerging Market Business Cycles
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Language: en
Pages: 40
Pages: 40
Type: BOOK - Published: 2011-06-01 - Publisher: International Monetary Fund
This paper examines how durable goods and financial frictions shape the business cycle of a small open economy subject to shocks to trend and transitory shocks.
Language: en
Pages: 51
Pages: 51
Type: BOOK - Published: 2012-10-09 - Publisher: International Monetary Fund
Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real b
Language: en
Pages: 64
Pages: 64
Type: BOOK - Published: 2004 - Publisher:
Explores "whether a standard real business cycle model can qualitatively and quantitatively explain business cycle features of both emerging and developed small
Language: en
Pages:
Pages:
Type: BOOK - Published: 2008 - Publisher:
Emerging market business cycles exhibit strongly countercyclical current accounts, consumption volatility that exceeds income volatility, and quot;sudden stopsq
Language: en
Pages: 161
Pages: 161
Type: BOOK - Published: 2010 - Publisher: World Scientific
This title provides an overview of the modern theory and empirics of business cycles. The book examines the notion of a business cycle and discusses alternative