Saldarriaga, Miguel Ángel; Winkelried, Diego - In: Economie Internationale (2013) 135-136, pp. 13-13
How do shocks originated in large economies around the globe have transmitted to the growth rates of Latin American countries? To answer this question, we propose a highly parsimonious structural VAR model, identified through bilateral trade linkages .Since trade weights evolve through time, the...