[경제] Sources of Economic Fluctuations in Central America
중남미 일반 국외연구자료 학술논문 Wilfredo Toledo Ecos de Economía 발간일 : 2014-12-31 등록일 : 2018-08-31 원문링크
Using panel data from Central America, this paper studies the determining factors of inflation and aggregate output fluctuations by estimating two Structural Vector Autoregressive (SVAR) models. Price and output variables are included in one of the models, whereas M2 and the price of oil are additional variables in the other one. Findings of this study suggest that price is determined by the demand, while output seems to be influenced mainly by the supply shocks in that area. It was also evidenced that the price of oil does not have a significant impact on the general price level in that region.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
|이전글이 존재하지 않습니다.
|[경제] Natural Resources in Latin America and the Caribbean - No.3