Sources of Economic Fluctuations in Central America

sing panel data from Central America, this paper studies the determining factors of inflation and aggregate output fluctuations by estimating two Structural Vector Autoregressive (SVAR) models. Price and output variables are included in one of the models, whereas M2 and the price of oil are addition...

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Tác giả chính: Toledo, Wilfredo
Năm xuất bản: Universidad EAFIT 2018
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Truy cập Trực tuyến:http://lrc.quangbinhuni.edu.vn:8181/dspace/handle/DHQB_123456789/3748
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spelling oai:localhost:DHQB_123456789-37482018-10-22T08:43:31Z Sources of Economic Fluctuations in Central America Toledo, Wilfredo Social Sciences Fluctuaciones económicas;modelos SVAR datos de panel. sing panel data from Central America, this paper studies the determining factors of inflation and aggregate output fluctuations by estimating two Structural Vector Autoregressive (SVAR) models. Price and output variables are included in one of the models, whereas M2 and the price of oil are additional variables in the other one. Findings of this study suggest that price is determined by the demand, while output seems to be influenced mainly by the supply shocks in that area. It was also evidenced that the price of oil does not have a significant impact on the general price level in that region. 2018-07-31T03:54:23Z 2018-07-31T03:54:23Z 2014 http://lrc.quangbinhuni.edu.vn:8181/dspace/handle/DHQB_123456789/3748 Universidad EAFIT
institution Trung tâm Học liệu Đại học Quảng Bình (Dspace)
collection Trung tâm Học liệu Đại học Quảng Bình (Dspace)
topic Social Sciences
Fluctuaciones económicas;modelos SVAR
datos de panel.
spellingShingle Social Sciences
Fluctuaciones económicas;modelos SVAR
datos de panel.
Toledo, Wilfredo
Sources of Economic Fluctuations in Central America
description sing panel data from Central America, this paper studies the determining factors of inflation and aggregate output fluctuations by estimating two Structural Vector Autoregressive (SVAR) models. Price and output variables are included in one of the models, whereas M2 and the price of oil are additional variables in the other one. Findings of this study suggest that price is determined by the demand, while output seems to be influenced mainly by the supply shocks in that area. It was also evidenced that the price of oil does not have a significant impact on the general price level in that region.
author Toledo, Wilfredo
author_facet Toledo, Wilfredo
author_sort Toledo, Wilfredo
title Sources of Economic Fluctuations in Central America
title_short Sources of Economic Fluctuations in Central America
title_full Sources of Economic Fluctuations in Central America
title_fullStr Sources of Economic Fluctuations in Central America
title_full_unstemmed Sources of Economic Fluctuations in Central America
title_sort sources of economic fluctuations in central america
publisher Universidad EAFIT
publishDate 2018
url http://lrc.quangbinhuni.edu.vn:8181/dspace/handle/DHQB_123456789/3748
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score 9,463379