International evidence on recovery from recessions /

Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a rebound,...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Cerra, Valerie (Author), Panizza, Ugo (Author), Saxena, Sweta Chaman (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, IMF Institute, ©2009.
Series:IMF working paper ; WP/09/183.
Subjects:
Financial crises.
Recessions.
Business cycles.
Foreign exchange administration.
Foreign exchange market.
Commercial policy.
Récessions.
Cycles économiques.
Change > Administration.
Marché des changes.
Politique commerciale.
Business cycles
Commercial policy
Financial crises
Foreign exchange administration
Foreign exchange market
Recessions
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