How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility?

How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility?
The influential work of Ramey and Ramey (1995) highlighted an empirical relationship that has now come to be regarded as conventional wisdom-that output volatility and growth are negatively correlated. We reexamine this relationship in the context of globalization-a term typically used to describe the phenomenon of growing international trade... READ MORE...

Publication date: January 2005
ISBN 9781451860382
$15.00

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