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The structural determinants of external vulnerability (English)

Abstract

The authors examine empirically how domestic structural characteristics related to openness and product- and factor-market flexibility influence the impact that terms-of-trade shocks can have on aggregate output. For this purpose, they apply an econometric... See More +

Details

  • Loayza, Norman V.; Raddatz, Claudio;
  • 2006/12/01
  • Policy Research Working Paper
  • WPS4089
  • 1
  • 1
  • World
  • The World Region
  • 2010/07/01
  • The structural determinants of external vulnerability
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