The Effect of External Conditionson Growth in Latin America /
This paper investigates the sensitivity of Latin American GDP growth to external developments using a Bayesian VAR model with informative steady-state priors. The model is estimated on quarterly data from 1994 to 2006 on key external and Latin American variables. It finds that 50 to 60 percent of th...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007
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| Series: | IMF Working Papers ;
Working Paper No. 07/176 IMF eLibrary |
| Subjects: |