Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/45402 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorBoz, Emineen
dc.contributor.authorDaude, Christianen
dc.contributor.authorDurdu, C. Boraen
dc.date.accessioned2011-04-29-
dc.date.accessioned2011-05-09T09:34:08Z-
dc.date.available2011-05-09T09:34:08Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/45402-
dc.description.abstractWe build an equilibrium business cycle model in which agents cannot perfectly distinguish between the permanent and transitory components of TFP shocks and learn about those components using the Kalman filter. Calibrated to Mexico, the model predicts a higher variability of consumption relative to output and a strongly negative correlation between the trade balance and output for a wide range of variability and persistence of permanent shocks vis-a-vis the transitory shocks. Moreover, our estimation for Mexico and Canada suggests more severe informational frictions in emerging markets than in developed economies.en
dc.language.isoengen
dc.publisher|aKoç University-TÜSİAD Economic Research Forum (ERF) |cIstanbulen
dc.relation.ispartofseries|aWorking Paper |x1110en
dc.subject.jelF41en
dc.subject.jelE44en
dc.subject.jelD82en
dc.subject.ddc330en
dc.subject.keywordemerging marketsen
dc.subject.keywordbusiness cyclesen
dc.subject.keywordlearningen
dc.subject.keywordKalman filteren
dc.subject.stwKonjunkturen
dc.subject.stwSchwellenländeren
dc.subject.stwProduktivitäten
dc.subject.stwZustandsraummodellen
dc.subject.stwZeitreihenanalyseen
dc.subject.stwSchätzungen
dc.subject.stwMexikoen
dc.subject.stwKanadaen
dc.titleEmerging market business cycles revisited: learning about the trend-
dc.typeWorking Paperen
dc.identifier.ppn656972599en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
398.28 kB





Publikationen in EconStor sind urheberrechtlich geschützt.