Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market /
This paper provides the first assessment of the contribution of idiosyncratic shocks to aggregate fluctuations in an emerging market using confidential data on the universe of Chilean firms. We find that idiosyncratic shocks account for more than 40 percent of the volatility of aggregate sales. Alth...
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| מחברים אחרים: | , |
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2021.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2021/289 |
| נושאים: | |
| גישה מקוונת: | Full text available on IMF |