Business Cycles in Emerging Markets: the Role of Durable Goods and Financial Frictions
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What explains output recoveries in developing and emerging market economies after the global financial crisis?
This paper presents a systematic assessment of the macroeconomic factors associated with differences in GDP dynamics in emerging markets in the aftermath ...
Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean
Over the last few decades the interest in understanding household financial decision making has been growing. This interest has partly been due to its ...