External Shocks and Business Cycle Fluctuations in Mexico : How Important are U.S. Factors? / prepared by Sebastián Sosa.

This paper examines the relative importance of external shocks as sources of business cycle fluctuations in Mexico, and identifies the dynamic responses of domestic output to foreign disturbances. Using a VAR model with block exogeneity restrictions, it finds that U.S. shocks explain a large share o...

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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Author:	Sosa, Sebastian (Author)
Corporate Author:	International Monetary Fund
Other title:	IMF eLibrary.
Format:	eBook
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2008.
Series:	IMF working paper (Online) ; WP/08/100.
Subjects:	Mexico. United States.