Growth and real business cycles in Vietnam and the Asean-5. Does the trend shock matter?
We examine Vietnam's economy in comparison with its closest trade partners. We show that
capital accumulation has been the primary growth engine since the start of its transition to …
capital accumulation has been the primary growth engine since the start of its transition to …
Sudden stops, time inconsistency, and the duration of sovereign debt
JC Hatchondo, L Martinez - International Economic Journal, 2013 - Taylor & Francis
We study the sovereign debt duration chosen by the government in the context of a standard
model of sovereign default. The government balances off increasing the duration of its debt …
model of sovereign default. The government balances off increasing the duration of its debt …
When is the Trend the Cycle?
A literature debates the explanations for the cyclical properties of emerging markets using
either trend shocks (Aguiar and Gopinath 2007) or financial frictions (Neumeyer and Perri …
either trend shocks (Aguiar and Gopinath 2007) or financial frictions (Neumeyer and Perri …
Permanent productivity shocks, migration and the labour wedge: business cycles in south africa
T Suzuki - Macroeconomics and Finance in Emerging Market …, 2018 - Taylor & Francis
The findings of this study are as follows. First, permanent productivity shocks play a
dominant role in South African business cycles. Second, the migration outflow has a …
dominant role in South African business cycles. Second, the migration outflow has a …
Recent issues in emerging-economies macroeconomics
T Yun - International Economic Journal, 2013 - Taylor & Francis
In this paper, we summarize the recent advancement of emerging-economies
macroeconomics. We begin with stylized facts and models of real business-cycles (RBCs) …
macroeconomics. We begin with stylized facts and models of real business-cycles (RBCs) …
[PDF][PDF] Business Cycle in Nigeria: The Role of Interest Rate
S Arinze - 2021 - researchgate.net
Fluctuation in economic activities has continued to be an issue of concern to policymakers in
emerging markets and world economies in general. This is because economic activities …
emerging markets and world economies in general. This is because economic activities …
Essays in macroeconomics
A Chopra - 2021 - open.library.ubc.ca
The first chapter investigates how households' smooth consumption against idiosyncratic
wage shocks in recessions and expansions. Labour market uncertainty amplifies during …
wage shocks in recessions and expansions. Labour market uncertainty amplifies during …
[PDF][PDF] Financial Access and Consumption Smoothing
A Chopra - 2021 - anandchopra13.github.io
Does improving access to financial institutions always facilitate consumption smoothing? I
document new empirical evidence that emerging economies with better access to banks are …
document new empirical evidence that emerging economies with better access to banks are …
Cyclic characteristics of macroeconomic variables in Serbia
SM Zarić - Industrija, 2018 - aseestant.ceon.rs
The paper focuses on identification of the characteristics of the business cycles in Serbia. In
that purpose, the empirical connection between the aggregate economic activity and key …
that purpose, the empirical connection between the aggregate economic activity and key …
The four horsemen of the Apocalypse: new narrative evidence on economic, currency, banking and sovereign crises
B Harnoys-Vannier - 2020 - theses.hal.science
Over the last 50 years, developing and emerging markets have displayed more hectic
growth patterns than advanced economies: their business cycle is twice as volatile, and they …
growth patterns than advanced economies: their business cycle is twice as volatile, and they …