Kose, M. Ayhan (contributor); … - 2008
variables and all countries within each group of countries; (iii) country factors, which are common across all aggregates in a … and among the group of emerging market economies. Surprisingly, there has been a concomitant decline in the relative …, consumption, and investment - into different factors. These are: (i) a global factor, which picks up fluctuations that are common …