Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean
The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price inflation over the business cycle in a sample of fifteen Caribbean countries. In most countries, the evidence indicates the existence of a kinked supply curve, which implies that positi...
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| Publicado en: | Economía Mexicana. Nueva Época |
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| Autor Principal: | |
| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado: |
Centro de Investigación y Docencia Económicas, A.C.
2009
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| Assuntos: | |
| Acceso en liña: | https://www.redalyc.org/articulo.oa?id=32312003002 |
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