Series: IMF Working Papers
Author(s): Ashoka Mody , and Alina Carare
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2010
Keywords: Output growth volatility, vertical specialization, output growth, domestic shocks, global trade,
Even prior to the extreme volatility just observed, output growth volatility-following protracted decline-was flattening or mildly rising in some countries. More widespread was an increasing tendency from the mid-1...