LEADER 01259nam a2200313 i 4500 001 991000817169707536 005 20020507173948.0 008 960318s1982 de ||| | eng 020 $a3540119515 035 $ab10761305-39ule_inst 035 $aLE01302765$9ExL 040 $aDip.to Matematica$beng 082 0 $a510 082 0 $a515.35 100 1 $ade Figueiredo, Djairo Guedes$0535138 245 10$aDifferential equations :$bproceedings of the 1st Latin American School of Differential Equations, held at Sao Paulo, Brazil, June 29-July 17, 1981 /$cedited by D. G. de Figueiredo and C. S. Honig 260 $aBerlin :$bSpringer-Verlag,$c1982 300 $aviii, 301 p. ;$c25 cm. 490 0 $aLecture notes in mathematics,$x0075-8434 ;$v957 500 $aIncludes bibliographies 650 4$aDifferential equations$xCongresses 650 4$aPartial differential equations$xCongresses 700 1 $aHonig, Chaim Samuel 907 $a.b10761305$b23-02-17$c28-06-02 912 $a991000817169707536 945 $aLE013 34-XX FIG11 (1982)$g1$i2013000043739$lle013$o-$pE0.00$q-$rl$s- $t0$u0$v0$w0$x0$y.i10856572$z28-06-02 996 $aDifferential equations$9923071 997 $aUNISALENTO 998 $ale013$b01-01-96$cm$da $e-$feng$gde $h0$i1 LEADER 05461oam 22012494 450 001 9910788698003321 005 20230828235837.0 010 $a1-4623-9015-3 010 $a1-4519-9035-9 010 $a1-283-51606-3 010 $a1-4519-1000-2 010 $a9786613828514 035 $a(CKB)3360000000443778 035 $a(EBL)3012553 035 $a(SSID)ssj0000948696 035 $a(PQKBManifestationID)11563827 035 $a(PQKBTitleCode)TC0000948696 035 $a(PQKBWorkID)10950753 035 $a(PQKB)11105113 035 $a(OCoLC)568151314 035 $a(MiAaPQ)EBC3012553 035 $a(IMF)WPIEE2006287 035 $a(EXLCZ)993360000000443778 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aVolatility and Growth in Latin America : $eAn Episodic Approach /$fRatna Sahay, Rishi Goyal 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (54 p.) 225 1 $aIMF Working Papers 300 $a"December 2006." 311 $a1-4518-6547-3 320 $aIncludes bibliographical references (p. 49-52). 327 $a""Contents""; ""I. INTRODUCTION""; ""II. THE BUILDING BLOCKS""; ""III. LEVEL AND VOLATILITY OF MACROECONOMIC OUTCOMES""; ""IV. MAGNITUDE AND VOLATILITY OF SHOCKS""; ""V. MACROECONOMIC POLICY VOLATILITY""; ""VI. STRUCTURAL POLICY VOLATILITY AND REFORM REVERSALS""; ""VII. CONSTRAINTS FACED BY POLICYMAKERS""; ""VIII. WHAT HAVE WE LEARNT SO FAR?""; ""IX. REGRESSION ANALYSISa???COMPLEMENTING THE EPISODIC APPROACH""; ""X. CONCLUSION""; ""APPENDIX I""; ""REFERENCES"" 330 3 $aThis paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and reversals, shocks, and institutional constraints. Based on previous work, a composite measure of structural reforms is constructed for the 1970-2004 period. We find that outcomes and policies are more volatile in low growth episodes, while shocks (except U.S. interest rates) are similar across episodes. Fiscal policy volatility is associated with lower growth, but fiscal policy procyclicality is not. Low levels of market-oriented reforms and structural reform reversals are also associated with lower growth. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/287 606 $aBusiness cycles$zLatin America 606 $aBanks and Banking$2imf 606 $aForeign Exchange$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aEconometric and Statistical Methods: Special Topics: General$2imf 606 $aComparative or Joint Analysis of Fiscal and Monetary Policy$2imf 606 $aStabilization$2imf 606 $aTreasury Policy$2imf 606 $aEconomic History: Macroeconomics$2imf 606 $aGrowth and Fluctuations: Latin America$2imf 606 $aCaribbean$2imf 606 $aInstitutions and the Macroeconomy$2imf 606 $aFiscal Policy$2imf 606 $aInterest Rates: Determination, Term Structure, and Effects$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aFinance$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aStructural reforms$2imf 606 $aExchange rate arrangements$2imf 606 $aFiscal policy$2imf 606 $aReal interest rates$2imf 606 $aCurrency crises$2imf 606 $aMacrostructural analysis$2imf 606 $aFinancial services$2imf 606 $aFinancial crises$2imf 606 $aInterest rates$2imf 607 $aLatin America$xEconomic policy 607 $aLatin America$xEconomic conditions 607 $aVenezuela, República Bolivariana de$2imf 615 0$aBusiness cycles 615 7$aBanks and Banking 615 7$aForeign Exchange 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aEconometric and Statistical Methods: Special Topics: General 615 7$aComparative or Joint Analysis of Fiscal and Monetary Policy 615 7$aStabilization 615 7$aTreasury Policy 615 7$aEconomic History: Macroeconomics 615 7$aGrowth and Fluctuations: Latin America 615 7$aCaribbean 615 7$aInstitutions and the Macroeconomy 615 7$aFiscal Policy 615 7$aInterest Rates: Determination, Term Structure, and Effects 615 7$aCurrency 615 7$aForeign exchange 615 7$aFinance 615 7$aEconomic & financial crises & disasters 615 7$aStructural reforms 615 7$aExchange rate arrangements 615 7$aFiscal policy 615 7$aReal interest rates 615 7$aCurrency crises 615 7$aMacrostructural analysis 615 7$aFinancial services 615 7$aFinancial crises 615 7$aInterest rates 700 $aSahay$b Ratna$01083526 701 $aGoyal$b Rishi$01493471 712 02$aInternational Monetary Fund.$bFinance Dept. 712 02$aInternational Monetary Fund.$bWestern Hemisphere Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788698003321 996 $aVolatility and Growth in Latin America$93823307 997 $aUNINA