Sharing a ride on the commodities roller coaster : common factors in business cycles of emerging economies
Borradores de Economía; No. 915
Date published
2015-11-18Date of last update
2015-11-18Document language
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
Fluctuations in commodity prices are an important driver of business cycles in small emerging market economies (EMEs). We document how these fluctuations correlate strongly with the business cycle in EMEs. We then embed a commodity sector into a multi-co
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URI
https://repositorio.banrep.gov.co/handle/20.500.12134/6226https://hdl.handle.net/20.500.12134/6226
https://doi.org/10.32468/be.915
https://ideas.repec.org/p/bdr/borrec/915.html
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