Emerging market business cycles : labor market frictions /
Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical interes...
Call Number: | Libro Electrónico |
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Main Author: | |
Corporate Author: | |
Other Authors: | , |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
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Series: | IMF working paper ;
WP/12/237. |
Subjects: | |
Online Access: | Texto completo |
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