Macroeconomic volatility, both a source and a reflection of underdevelopment, is a fundamental concern for developing …, microeconomic rigidities, and weak institutions. Volatility entails a direct welfare cost for risk-averse individuals, as well as an … literature on macroeconomic volatility in developing countries, highlighting its causes, consequences, and possible remedies. It …

Hnatkovska and Loayza study the empirical, cross-country relationship between macroeconomic volatility and long …-run economic growth. They address four central questions:- Does the volatility-growth link depend on country and policy … significant causal effect from volatility to growth?- Has this relationship been stable over time and has it become stronger in …

The authors study the empirical, cross-country relationship between macroeconomic volatility and long-run economic … growth. They address four central questions: 1) Does the volatility-growth link depend on country and policy characteristics … causal effect from volatility to growth? 3) Has this relationship been stable over time and has it become stronger in recent …

the United States itself, and hence why Mexico shows higher volatility than the United States; why business cycles in the …

the United States itself, and hence why Mexico shows higher volatility than the United States; why business cycles in the …

the United States itself, and hence why Mexico shows higher volatility than the United States; why business cycles in the …