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Business cycle dynamics in a small open economy
Valerie Cerra and
Sweta C. Saxena
Applied Economics Letters , 2008, vol. 15, issue 15, pages 1153-1157
Abstract:
This article combines common factor extraction techniques with permanent and temporary regime switching to analyse Chile's business cycle fluctuations. We find asymmetries across business cycle episodes as well as within the cycle.
Date: 2008
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Persistent link: http://EconPapers.repec.org/RePEc:taf:apeclt:v:15:y:2008:i:15:p:1153-1157
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