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Krznar, Ivo; Matheson, Troy - 2017

This paper explores the nexus between the financial cycle and business cycle in Brazil. Cycles are estimated using a … key economic relationships to be used in a consistent way. The results show that Brazil is now in the downturn phase of …

Persistent link: https://www.econbiz.de/10011716460

Investment in Brazil : from crisis to recovery

Krznar, Ivo; Matheson, Troy - 2018

While Brazil's deep recession has been broad based, it has been marked by a particularly large fall in investment. Real … factors contributed to the investment decline, including a deterioration in Brazil's medium-term growth prospects, rising real …

Persistent link: https://www.econbiz.de/10011799578

The Sources of Macroeconomic Fluctuations in Developing Countries : Brazil and Korea

Roldos, Jorge - 1996

Brazil and Korea. The results confirm that supply shocks are the main source of GDP fluctuations, even in the short run …. Aggregate demand shocks are shown to be important in the short run in Brazil, but not in Korea. External shocks explain a small …

Persistent link: https://www.econbiz.de/10014396117

Common Factors in Latin America's Business Cycles

Timmermann, Allan - 2006

This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic …

Persistent link: https://www.econbiz.de/10014399996

Labor market informality and the business cycle

Lambert, Frederic; Pescatori, Andrea; Toscani, Frederik - 2020

Labor market informality is a pervasive feature of most developing economies. Motivated by the empirical regularity that the labor informality rate falls with GDP per capita, both at business cycle frequency and in a cross-section of countries, and that the Okun's coefficient falls with the...