Loayza, Norman V.; Raddatz, Claudio - 2007
applied to panel data (cross-country, time-series) of aggregate variables. Controlling for the size of the shock, the analysis … the terms of trade shock, in the sample of countries, the application of a longer lag structure in the estimated vector …-related results, placing stricter restrictions to guarantee shock exogeneity, concentrating exclusively on developing countries, using ... …