IMF Staff papers, Volume 45 No. 3
Download or Read eBook IMF Staff papers, Volume 45 No. 3 PDF written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1998-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 168 |
| Release | : 1998-01-01 |
| ISBN-10 | : 9781451973600 |
| ISBN-13 | : 1451973608 |
| Rating | : 4/5 (00 Downloads) |
Book Synopsis IMF Staff papers, Volume 45 No. 3 by : International Monetary Fund. Research Dept.
Book excerpt: This paper presents international evidence on the determinants of trade dynamics. It provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. A comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants is presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries.
