The Resource International evidence on recovery from recessions, prepared by Valerie Cerra, Ugo Panizza, and c. Saxena, (electronic book)

International evidence on recovery from recessions, prepared by Valerie Cerra, Ugo Panizza, and c. Saxena, (electronic book)

Label
International evidence on recovery from recessions
Title
International evidence on recovery from recessions
Statement of responsibility
prepared by Valerie Cerra, Ugo Panizza, and c. Saxena
Creator
Contributor
Author
Subject
Language
eng
Summary
Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a rebound, with impacts that are asymmetrically stronger than in nonrecovery years. Real depreciation and the exchange rate regime also have asymmetric growth effects in a recovery year relative to other years of expansion. Recoveries are more sluggish in open economies, partly because fiscal policy is less effective than in closed economies
Member of
Cataloging source
CaPaEBR
http://library.link/vocab/creatorName
Cerra, Valerie
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HB3722
LC item number
.C477 2009eb
Literary form
non fiction
Nature of contents
  • standards specifications
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Panizza, Ugo
  • Saxena, Sweta Chaman
  • International Monetary Fund
http://library.link/vocab/subjectName
  • Financial crises
  • Recessions
  • Business cycles
  • Foreign exchange administration
  • Foreign exchange market
  • Commercial policy
Label
International evidence on recovery from recessions, prepared by Valerie Cerra, Ugo Panizza, and c. Saxena, (electronic book)
Instantiates
Publication
Note
"August 2009."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ebr10368942
Dimensions
unknown
Extent
30 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Reproduction note
Electronic resource.
Specific material designation
remote
Label
International evidence on recovery from recessions, prepared by Valerie Cerra, Ugo Panizza, and c. Saxena, (electronic book)
Publication
Note
"August 2009."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ebr10368942
Dimensions
unknown
Extent
30 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Reproduction note
Electronic resource.
Specific material designation
remote

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