OEF. Evidence is based on the responses to a Chinese demand shock arising from the recent fiscal stimulus program. The …. -- GVAR ; Chinese economy ; shock transmission …

emerging countries, namely, those in Asia and Latin America. This study first documents that Asian economies are characterized …. First, the first three differences are mainly explained by a higher persistence of trend productivity shocks in Asia than in … Asia than in Latin America. We further provide data on policy regime changes and labor markets in both regions to explain …

This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with … America, as opposed to Asia, output is affected more by external and domestic demand shocks …