Cesa-Bianchi, Ambrogio; Pesaran, Hashem; Rebucci, Alessandro - Institute for the Study of Labor (IZA) - 2011
The international business cycle is very important for Latin America’s economic performance as the recent global crisis … vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global …