F - International Economics

• Endogenous Borrowing Constraints and Consumption Volatility in a Small Open Economy

  Staff Working Paper 2006-37 Carlos De Resende

  Consumption volatility relative to output volatility is consistently higher in emerging economies than in developed economies.

  Content Type(s): Staff research, Staff working papers Research Topic(s): International topics JEL Code(s): F, F3, F32, F34, F4, F41