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Global recessions
Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012230745
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Global recessions
Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global GDP contracted, and this contraction was accompanied by weakening of other key indicators of global economic activity....
Persistent link: https://www.econbiz.de/10012159612
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Global recessions
Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020
Persistent link: https://www.econbiz.de/10012224956
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Precautionary demand for foreign assets in Sudden Stop economies : an assessment of the New Mercantilism
Durdu, Ceyhun Bora; Mendoza, Enrique G.; Terrones, Marco E. - In: Journal of development economics 89 (2009) 2, pp. 194-209
Persistent link: https://www.econbiz.de/10003855132
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Precautionary demand for foreign assets in sudden stop economies : an assessment of the new mercantilism
Durdu, Ceyhun Bora; Mendoza, Enrique G.; Terrones, Marco E. - 2007
Persistent link: https://www.econbiz.de/10003997737
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Precautionary demand for foreign assets in sudden stop economies : an assessment of the new merchantilism
Durdu, Ceyhun Bora; Mendoza, Enrique G.; Terrones, Marco E. - 2007
Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops since the mid 1990s. Foreign … saving affects foreign assets via three mechanisms: business cycle volatility, financial globalization, and Sudden Stop risk … Irving Fisher's debt-deflation mechanism. Our results show that financial globalization and Sudden Stop risk are plausible …
Persistent link: https://www.econbiz.de/10003472942
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Precautionary demand for foreign assets in sudden stop economies : an assessment of the new merchantilism
Bora Durda, Ceyhun; Mendoza, Enrique G.; Terrones, Marco E. - 2007
Persistent link: https://www.econbiz.de/10003522377
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Global Recessions
Kose, M. Ayhan - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012840241
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Precautionary Demand for Foreign Assets in Sudden Stop Economies : An Assessment of the New Merchantilism
Durdu, Ceyhun Bora - 2007
Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops since the mid 1990s. Foreign … saving affects foreign assets via three mechanisms: business cycle volatility, financial globalization, and Sudden Stop risk … Irving Fisher's debt-deflation mechanism. Our results show that financial globalization and Sudden Stop risk are plausible …
Persistent link: https://www.econbiz.de/10012465531
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Precautionary Demand for Foreign Assets in Sudden Stop Economies : An Assessment of the New Merchantilism
Durdu, Ceyhun Bora - 2007
Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the 1990s. The surge in … assets via business cycle volatility, financial globalization, and endogenous Sudden Stops. Our results show that financial … globalization and Sudden Stop risk are plausible explanations of the surge in reserves but cyclical volatility, which has declined …
Persistent link: https://www.econbiz.de/10012776212