Dancourt, Oscar; Mendoza, Waldo; Vilcapoma, Leopoldo - Departamento de Economía, Pontificia Universidad … - 1997
The main goal of this paper is to describe the characteristics of business cycle in Peru during 1950-1996, and to show the importance of external shocks for these economic fluctuations. The pattern of economic fluctuations in Peru, in particular the pattern of recessions, seems to be independent...