It takes the average reader and 51 minutes to read Are Business Cycles Different in Asia and Latin America? by Mr. Alexander W. Hoffmaister
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This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of output fluctuations is supply shocks, even in the short run; (ii) the real exchange rate is driven mostly by fiscal shocks; and (iii) terms of trade shocks are important for trade balance fluctuations but not for output or real exchange rate fluctuations. However, in Latin America, as opposed to Asia, output is affected more by external and domestic demand shocks.
Are Business Cycles Different in Asia and Latin America? by Mr. Alexander W. Hoffmaister is 51 pages long, and a total of 12,801 words.
This makes it 17% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read Are Business Cycles Different in Asia and Latin America? aloud.
Are Business Cycles Different in Asia and Latin America? is suitable for students ages 8 and up.
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