Financial Integration and Macroeconomic Volatility

Financial Integration and Macroeconomic Volatility
This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s relative to the three preceding decades, we also... READ MORE...

Publication date: March 2003
ISBN 9781451846997
$15.00

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Publication date: March 2003

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Publication date: March 2003

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