Showing 1 - 10 of 245,171
Persistent link: https://www.econbiz.de/10013400555
Persistent link: https://www.econbiz.de/10013463349
Persistent link: https://www.econbiz.de/10000053438
model. The model contains a world factor, country-specific factors, sector-specific factors, and idiosyncratic components … country-factors. The world factor appears to play a minimal role because, when using aggregate data, the world factor captures … in the volatility of world shocks during the globalization period, rather than a lower sensitivity of sectoral growth to …
Persistent link: https://www.econbiz.de/10009744615
Persistent link: https://www.econbiz.de/10009691613
Persistent link: https://www.econbiz.de/10010228635
Persistent link: https://www.econbiz.de/10010348096
This paper studies the role of differences in the patterns of production and international trade on the business cycle volatility of emerging and developed economies. We study a multi-sector small open economy in which firms produce and trade commodities and manufactures. We estimate the model...
Persistent link: https://www.econbiz.de/10011911446
Persistent link: https://www.econbiz.de/10012197334
Persistent link: https://www.econbiz.de/10012042293