Uribe, Martín (contributor); Yue, Vivian Z. (contributor) - 2003
market economies are correlated with the cost of borrowing that
these countries face in international financial markets. This … financial markets. Data source: output, IFS;
interest rates, EMBI+.
economies between 1994 and 2001. Periods of low interest … innovations in international financial markets take one quarter to
affect real domestic variables, whereas innovations in domestic …