Series: IMF Working Papers
Author(s): Alexander Hoffmaister , and Jorge Roldos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1997
Keywords: exchange rate, real exchange rate, terms of trade, exchange rate fluctuations, nominal exchange rate
This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of out...