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[null,"1.","Record Nr.",null,"UNINA9910808811303321"]
[null,null,"Autore",null,"Timmermann Allan"]
[null,null,"Titolo",null,"Common Factors in Latin America's Business Cycles / / Allan Timmermann, Luis Catão, Marco Aiolfi"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"1-4623-9017-X"]
[{"$nulls":4},"1-4527-9858-3"]
[{"$nulls":4},"1-282-44802-1"]
[{"$nulls":4},"9786613821218"]
[{"$nulls":4},"1-4519-0845-8"]
[null,null,"Edizione",null,"[1st ed.]"]
[null,null,"Descrizione fisica",null,"1 online resource (64 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Business cycles - Latin America - Econometric models"]
[{"$nulls":4},"Business forescasting - Latin America"]
[{"$nulls":4},"Econometrics"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Public Finance"]
[{"$nulls":4},"Business Fluctuations"]
[{"$nulls":4},"Cycles"]
[{"$nulls":4},"Economic History: Macroeconomics and Monetary Economics"]
[{"$nulls":4},"Growth and Fluctuations: General, International, or Comparative"]
[{"$nulls":4},"Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)"]
[{"$nulls":4},"Classification Methods"]
[{"$nulls":4},"Cluster Analysis"]
[{"$nulls":4},"Principal Components"]
[{"$nulls":4},"Factor Models"]
[{"$nulls":4},"Empirical Studies of Trade"]
[{"$nulls":4},"National Government Expenditures and Related Policies: General"]
[{"$nulls":4},"Economic growth"]
[{"$nulls":4},"Econometrics & economic statistics"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"Business cycles"]
[{"$nulls":4},"Factor models"]
[{"$nulls":4},"Terms of trade"]
[{"$nulls":4},"Economic recession"]
[{"$nulls":4},"Expenditure"]
[{"$nulls":4},"Econometric analysis"]
[{"$nulls":4},"International trade"]
[{"$nulls":4},"Econometric models"]
[{"$nulls":4},"Economic policy"]
[{"$nulls":4},"nternational cooperation"]
[{"$nulls":4},"Recessions"]
[{"$nulls":4},"Expenditures, Public"]
[{"$nulls":4},"Mexico"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[{"$nulls":3},"Livello bibliografico","Monografia"]
[{"$nulls":3},"Note generali","\"February 2006.\""]
[{"$nulls":3},"Nota di bibliografia","Includes bibliographical references."]
[null,null,"Nota di contenuto",null,"Contents; I. INTRODUCTION; II. ECONOMETRIC FRAMEWORK; III. NEW BUSINESS CYCLE INDICES FOR LATIN AMERICA; IV. STYLIZED BUSINESS CYCLE FACTS; V. CONCLUSIONS; REFERENCES"]
[{"$nulls":3},"Sommario/riassunto","This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic factors extracted from a comprehensive set of sectoral output, external data, and fiscal and financial variables spanning over a century. The constructed indices are used to derive a business cycle chronology for these countries and characterize a set of new stylized facts. In particular, we show that all four countries have historically displayed a striking combination of high business cycle and persistence relative to benchmark countries, and that such volatility has been time-varying, with important differences across policy regimes. We also uncover a sizeable common factor across the four economies which has greatly limited scope for regional risk sharing."]