Accounting for Output Drops in Latin America /
This paper evaluates what type of models can account for the recent episodes of output drops in Latin America. I develop an open economy version of the business cycle accounting methodology (Chari, Kehoe, and McGrattan, 2007) in which output fluctuations are decomposed into four sources: total facto...
| Main Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2009/067 |
| Online Access: | Full text available on IMF |