Medium-term Business Cycles in Developing Countries

Empirical evidence - including the current global crisis - suggests that shocks from advanced countries often have a disproportionate effect on developing economies. Can this account for the fact that aggregate fluctuations are larger and more pers...

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Bibliographic Details
Main Authors: Comin, Diego, Loayza, Norman, Pasha, Farooq, Serven, Luis
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091202115041
http://hdl.handle.net/10986/4338