Uribe, Martín (contributor); Yue, Vivian Z. (contributor) - 2003
to business con-
ditions in emerging economies significantly exacerbates aggregate volatility in these
countries. (7) The … emerging economies. For instance, Cline (1995) and Cline and Barnes (1997)
find that domestic variables such as GDP growth and … country interest rates responded countercyclically to domestic conditions
in emerging economies, then the findings of Neumeyer …