Ciclos económicos clásicos en América Latina: puntos de inflexión, asimetrías y sincronización internacional
A classical business cycles approach is applied to study turning points, asymmetries and international synchronisation of business cycle regimes (expansion/recession) for several Latin American countries. The results suggest that recessions are characterised by deeper change, less persistence, and g...
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| 格式: | Online |
| 語言: | 英语 |
| 出版: |
El Colegio de México, A.C.
1999
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| 主題: | |
| 在線閱讀: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/222 |
| 機構: |
Estudios Económicos |
| 總結: | A classical business cycles approach is applied to study turning points, asymmetries and international synchronisation of business cycle regimes (expansion/recession) for several Latin American countries. The results suggest that recessions are characterised by deeper change, less persistence, and greater volatility than expansions. However, existing evidence about intra-regional economic transactions suggests that these associations might be explained by similar economic policies and common external shocks. |
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