Edwards, Jeffrey A; Thames, Frank C.; Edwards, Martin S. - In: Topics in Macroeconomics 6 (2006) 2
estimation methodology, we investigate the degree and direction of dissemination in the volatility of economic growth. Our …s economic growth volatility to affect other countries. Thus, an economic recession for example in one country, does not affect … all countries equally across regime type. Second, growth volatility is not simply a North-South phenomenon, but a South …