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Output drops and the shocks that matter /

Output drops are usually associated with major disruption for the residents of affected countries, both directly and often through ensuing, prolonged growth slowdowns. Using a century of data, we document that output drops are more frequent in countries at a lower stage of economic development. We t...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Becker, Torbjörn (Autor), Mauro, Paolo (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Colección:IMF working paper ; WP/06/172.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. MOTIVATION AND RELATED STUDIES
  • II. OUTPUT DROPS
  • III. SHOCKS
  • IV. MULTIVARIATE PROBIT ANALYSIS
  • V. ROBUSTNESS AND EXTENSIONS
  • VI. CONCLUSIONS
  • APPENDIX TABLES AND FIGURES
  • APPENDIX I. HODRICK-PRESCOTT-FILTER BASED DEFINITION OF EVENTS
  • APPENDIX II. KERNEL DENSITY PLOTS: OUTPUT DROPS AND 1970 PER CAPITA GDP
  • APPENDIX III. DATA SOURCES AND DEFINITIONS
  • REFERENCES