Verfügbarkeit: Macroeconomic Fluctuations in Developing Countries

Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts

This paper documents the main stylized features of macroeconomic fluctuations for 12 developing countries. Cross-correlations between domestic industrial output and a large group of macroeconomic variables (including fiscal variables, wages, inflation, money, credit, trade, and exchange rates) are p...

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1. Verfasser:	McDermott, C. John (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1999
Schriftenreihe:	IMF Working Papers Working Paper No. 99/35
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper documents the main stylized features of macroeconomic fluctuations for 12 developing countries. Cross-correlations between domestic industrial output and a large group of macroeconomic variables (including fiscal variables, wages, inflation, money, credit, trade, and exchange rates) are presented. Also analyzed are the effects of industrial country economic conditions on output fluctuations in these countries. The robustness of the results is examined using different detrending procedures. The results indicate many similarities between macroeconomic fluctuations in developing and industrial countries (procyclical real wages; countercyclical variation in government expenditure) and some important differences (countercyclical variation in the velocity of monetary aggregates)
Beschreibung:	1 Online-Ressource (45 p)
ISBN:	1451845332 9781451845334

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spelling	McDermott, C. John Verfasser aut Macroeconomic Fluctuations in Developing Countries Some Stylized Facts McDermott, C. John Washington, D.C International Monetary Fund 1999 1 Online-Ressource (45 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/35 This paper documents the main stylized features of macroeconomic fluctuations for 12 developing countries. Cross-correlations between domestic industrial output and a large group of macroeconomic variables (including fiscal variables, wages, inflation, money, credit, trade, and exchange rates) are presented. Also analyzed are the effects of industrial country economic conditions on output fluctuations in these countries. The robustness of the results is examined using different detrending procedures. The results indicate many similarities between macroeconomic fluctuations in developing and industrial countries (procyclical real wages; countercyclical variation in government expenditure) and some important differences (countercyclical variation in the velocity of monetary aggregates) Online-Ausg Agénor, Pierre-Richard Sonstige oth Prasad, Eswar Sonstige oth http://elibrary.imf.org/view/IMF001/04383-9781451845334/04383-9781451845334/04383-9781451845334.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	McDermott, C. John Macroeconomic Fluctuations in Developing Countries Some Stylized Facts
title	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts
title_auth	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts
title_exact_search	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts
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title_full	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts McDermott, C. John
title_fullStr	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts McDermott, C. John
title_full_unstemmed	Macroeconomic Fluctuations in Developing Countries Some Stylized Facts McDermott, C. John
title_short	Macroeconomic Fluctuations in Developing Countries
title_sort	macroeconomic fluctuations in developing countries some stylized facts
title_sub	Some Stylized Facts
url	http://elibrary.imf.org/view/IMF001/04383-9781451845334/04383-9781451845334/04383-9781451845334.xml
work_keys_str_mv	AT mcdermottcjohn macroeconomicfluctuationsindevelopingcountriessomestylizedfacts AT agenorpierrerichard macroeconomicfluctuationsindevelopingcountriessomestylizedfacts AT prasadeswar macroeconomicfluctuationsindevelopingcountriessomestylizedfacts

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