Medium Term Business Cycles in Developing Countries

This paper studies the transmission of business cycle fluctuations for developed (N ) to developing economies (S ) with a two-country, asymmetric, DSGE model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate goods to...

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Bibliographic Details
Main Authors: Comin, Diego, Loayza, Norman, Pasha, Farooq, Serven, Luis
Format: Journal Article
Language:en_US
Published: American Economic Association 2014
Subjects:
Online Access:http://hdl.handle.net/10986/20534