메뉴 건너뛰기




Volumn 38, Issue 4, 2002, Pages 25-28

Business cycles, excess volatility, and capital flows: Evidence from Mexico and Turkey

Author keywords

Capital account liberalization; Emerging markets; Real business cycles

Indexed keywords


EID: 0242377932     PISSN: 1540496X     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article
Times cited : (31)

References (34)
  • 1
    • 0004041644 scopus 로고    scopus 로고
    • Macroeconomic fluctuations in developing countries: Some stylized facts
    • Washington, DC
    • Agenor, P.R.; C.J. McDermott; and E. Prasad. 1997. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts." IMF Working Paper No. 99/35, Washington, DC.
    • (1997) IMF Working Paper No. 99/35 , vol.99 , Issue.35
    • Agenor, P.R.1    McDermott, C.J.2    Prasad, E.3
  • 2
    • 0006426435 scopus 로고    scopus 로고
    • Nominal stylized facts of turkish business cycles
    • Alper, C.E. 1998. "Nominal Stylized Facts of Turkish Business Cycles." METU Studies in Development 25, no. 2: 233-244.
    • (1998) METU Studies in Development , vol.25 , Issue.2 , pp. 233-244
    • Alper, C.E.1
  • 4
    • 0001559689 scopus 로고
    • International evidence on the historical properties of business cycles
    • Backus, D., and P. Kehoe. 1992. "International Evidence on the Historical Properties of Business Cycles." American Economic Review 82, no. 4: 864-888.
    • (1992) American Economic Review , vol.82 , Issue.4 , pp. 864-888
    • Backus, D.1    Kehoe, P.2
  • 6
    • 0033813421 scopus 로고    scopus 로고
    • Defending methods and stylized facts of business cycles in Norway - An international comparison
    • Bjornland, H.C. 2000. "Defending Methods and Stylized Facts of Business Cycles in Norway - An International Comparison." Empirical Economics 25, no. 3 (August): 369-392.
    • (2000) Empirical Economics , vol.25 , Issue.3 AUGUST , pp. 369-392
    • Bjornland, H.C.1
  • 7
    • 85016078433 scopus 로고
    • The dynamic effects of aggregate demand and supply disturbances
    • Blanchard, O.J., and D. Quah. 1989. "The Dynamic Effects of Aggregate Demand and Supply Disturbances." American Economic Review 79, no. 4: 655-673.
    • (1989) American Economic Review , vol.79 , Issue.4 , pp. 655-673
    • Blanchard, O.J.1    Quah, D.2
  • 8
    • 20444455555 scopus 로고    scopus 로고
    • Did you know that monetary disturbances matter for business cycles fluctuations? Evidence from the G-7 countries
    • London
    • Canova, F., and G. De Nicolo. 1998. "Did You Know that Monetary Disturbances Matter for Business Cycles Fluctuations? Evidence from the G-7 Countries." CEPR Discussion Paper No. 2028, London.
    • (1998) CEPR Discussion Paper No. 2028 , vol.2028
    • Canova, F.1    De Nicolo, G.2
  • 9
    • 52649179243 scopus 로고    scopus 로고
    • Buffer-stock saving and the life cycle/permanent income hypothesis
    • Cambridge, MA
    • Caroll, C. 1996. "Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis." NBER Working Paper No. 5788, Cambridge, MA.
    • (1996) NBER Working Paper No. 5788 , vol.5788
    • Caroll, C.1
  • 10
    • 0000857766 scopus 로고
    • Are prices countercyclical? Evidence from the G-7
    • Chadha, B., and E. Prasad. 1994. "Are Prices Countercyclical? Evidence from the G-7." Journal of Monetary Economics 34, no. 2 (October): 239-257.
    • (1994) Journal of Monetary Economics , vol.34 , Issue.2 OCTOBER , pp. 239-257
    • Chadha, B.1    Prasad, E.2
  • 11
    • 0040382317 scopus 로고
    • Effects of the hodrick-prescott filter on trend and difference stationary time series. Implications for business cycle research
    • Cogley, T.F., and J.M. Nason. 1995. "Effects of the Hodrick-Prescott Filter on Trend and Difference Stationary Time Series. Implications for Business Cycle Research." Journal of Economic Dynamics and Control 19, nos. 1-2 (January-February): 253-278.
    • (1995) Journal of Economic Dynamics and Control , vol.19 , Issue.1-2 JANUARY-FEBRUARY , pp. 253-278
    • Cogley, T.F.1    Nason, J.M.2
  • 13
    • 84952252413 scopus 로고
    • Business cycles phases and their transitional dynamics
    • Filardo, A.J. 1994. "Business Cycles Phases and Their Transitional Dynamics." Journal of Business and Economic Statistics 12, no. 3: 299-308.
    • (1994) Journal of Business and Economic Statistics , vol.12 , Issue.3 , pp. 299-308
    • Filardo, A.J.1
  • 14
    • 0028589692 scopus 로고
    • Stylized facts of business cycles in the G-7 from a real business cycles perspective
    • Fiorito, R., and T. Kollintzas. 1994. "Stylized Facts of Business Cycles in the G-7 from a Real Business Cycles Perspective." European Economic Review 38, no. 2 (February): 235-269.
    • (1994) European Economic Review , vol.38 , Issue.2 FEBRUARY , pp. 235-269
    • Fiorito, R.1    Kollintzas, T.2
  • 15
    • 0002135844 scopus 로고
    • The role of monetary policy
    • Friedman, M. 1968. "The Role of Monetary Policy." American Economic Review 58, no. 1: 1-17.
    • (1968) American Economic Review , vol.58 , Issue.1 , pp. 1-17
    • Friedman, M.1
  • 18
    • 0001342006 scopus 로고
    • A new approach to the economic analysis of non-stationary time series and the business cycle
    • Hamilton, J.D. 1989. "A New Approach to the Economic Analysis of Non-stationary Time Series and the Business Cycle." Econometrica 57, no. 2: 357-284.
    • (1989) Econometrica , vol.57 , Issue.2 , pp. 357-1284
    • Hamilton, J.D.1
  • 19
    • 0040360986 scopus 로고    scopus 로고
    • Postwar united states business cycles: An empirical investigation
    • Hodrick R.J., and E. Prescott. 1997. "Postwar United States Business Cycles: An Empirical Investigation." Journal of Money, Credit and Banking 29, no. 1: 1-16.
    • (1997) Journal of Money, Credit and Banking , vol.29 , Issue.1 , pp. 1-16
    • Hodrick, R.J.1    Prescott, E.2
  • 21
    • 0039297087 scopus 로고    scopus 로고
    • Are prices countercyclical? Evidence from East Asian countries
    • Kim, Y.W. 1996. "Are Prices Countercyclical? Evidence from East Asian Countries." Federal Reserve Bank of St. Louis Review 78, no. 5: 69-82.
    • (1996) Federal Reserve Bank of St. Louis Review , vol.78 , Issue.5 , pp. 69-82
    • Kim, Y.W.1
  • 22
    • 0000057116 scopus 로고
    • Low frequency filtering and real business cycles
    • King, R.G., and S. Rebelo. 1993. "Low Frequency Filtering and Real Business Cycles." Journal of Economic Dynamics and Control 17, nos. 1-2 (January-March): 207-231.
    • (1993) Journal of Economic Dynamics and Control , vol.17 , Issue.1-2 JANUARY-MARCH , pp. 207-231
    • King, R.G.1    Rebelo, S.2
  • 23
    • 0035024370 scopus 로고    scopus 로고
    • Trade shocks and macroeconomic fluctuations in Africa
    • Köse, A., and R. Riezman. 2001. "Trade Shocks and Macroeconomic Fluctuations in Africa." Journal of Development Economics 65, no. 1 (June): 55-80.
    • (2001) Journal of Development Economics , vol.65 , Issue.1 JUNE , pp. 55-80
    • Köse, A.1    Riezman, R.2
  • 24
    • 0001519332 scopus 로고
    • Time to build and aggregate fluctuations
    • Kydland, F.E., and E.C. Prescott. 1982. "Time to Build and Aggregate Fluctuations." Econometrica 50, no. 6 (November): 1345-1370.
    • (1982) Econometrica , vol.50 , Issue.6 NOVEMBER , pp. 1345-1370
    • Kydland, F.E.1    Prescott, E.C.2
  • 25
    • 0002530938 scopus 로고
    • Business cycles: Real facts and a monetary myth
    • _. 1990. "Business Cycles: Real Facts and a Monetary Myth." Federal Reserve Bank of Minneapolis Quarterly Review 14, no. 2 (spring): 3-18.
    • (1990) Federal Reserve Bank of Minneapolis Quarterly Review , vol.14 , Issue.2 SPRING , pp. 3-18
  • 27
    • 20444432852 scopus 로고    scopus 로고
    • Asymmetries and common cycles in latin America: Evidence from markov-switching models
    • Mejia-Reyes, P. 2000. "Asymmetries and Common Cycles in Latin America: Evidence from Markov-Switching Models." Economia Mexicana 9, no. 2: 189-225.
    • (2000) Economia Mexicana , vol.9 , Issue.2 , pp. 189-225
    • Mejia-Reyes, P.1
  • 28
    • 17444380147 scopus 로고
    • Measurement of business fluctuations in Israel
    • Melnick, R., and Y. Golan. 1991. "Measurement of Business Fluctuations in Israel." Bank of Israel Economic Review 67: 1-20.
    • (1991) Bank of Israel Economic Review , vol.67 , pp. 1-20
    • Melnick, R.1    Golan, Y.2
  • 29
    • 0035001123 scopus 로고    scopus 로고
    • Dynamics of macroeconomic adjustment in a globalized developing economy: Growth, accumulation and distribution, Turkey 1969-1998
    • Metin-Özcan, K.; E. Voyvoda; and E. Yeldan. 2001. "Dynamics of Macroeconomic Adjustment in a Globalized Developing Economy: Growth, Accumulation and Distribution, Turkey 1969-1998." Canadian Journal of Development Studies 22, no. 1: 219-253.
    • (2001) Canadian Journal of Development Studies , vol.22 , Issue.1 , pp. 219-253
    • Metin-Özcan, K.1    Voyvoda, E.2    Yeldan, E.3
  • 30
    • 43549096463 scopus 로고
    • Are economic time series asymmetric over the business cycle?
    • Neftçi, S.N. 1984. "Are Economic Time Series Asymmetric Over the Business Cycle?" Journal of Political Economy 92, no. 2: 306-328.
    • (1984) Journal of Political Economy , vol.92 , Issue.2 , pp. 306-328
    • Neftçi, S.N.1
  • 31
    • 0002114309 scopus 로고    scopus 로고
    • The lessons from the 1994 crisis in Turkey: Public debt (Mis)management and confidence crisis
    • Özatay, F. 1996. "The Lessons from the 1994 Crisis in Turkey: Public Debt (Mis)management and Confidence Crisis." Yapi Kredi Economic Review 7, no. 1 (June): 21-37.
    • (1996) Yapi Kredi Economic Review , vol.7 , Issue.1 JUNE , pp. 21-37
    • Özatay, F.1
  • 33
    • 0030476325 scopus 로고    scopus 로고
    • Political business cycles and fiscal policies in developing countries
    • Schuknecht, L. 1996. "Political Business Cycles and Fiscal Policies in Developing Countries." Kyklos 49, no. 2: 155-170.
    • (1996) Kyklos , vol.49 , Issue.2 , pp. 155-170
    • Schuknecht, L.1
  • 34
    • 0002015030 scopus 로고
    • Short-term capital inflows and their impact on macroeconomic order: A comparison between Turkey and Mexico
    • Yentürk, N. 1995. "Short-Term Capital Inflows and Their Impact on Macroeconomic Order: A Comparison Between Turkey and Mexico." Boǧaziçi Journal 9, no. 2: 67-84.
    • (1995) Boǧaziçi Journal , vol.9 , Issue.2 , pp. 67-84
    • Yentürk, N.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.