scholarly journals Medium Term Business Cycles in Developing Countries

2009 ◽  
Author(s):  
Diego Comin ◽  
Norman Loayza ◽  
Farooq Pasha ◽  
Luis Serven
Author(s):  
Diego Comin ◽  
Norman Loayza ◽  
Farooq Pasha ◽  
Luis Serven

2014 ◽  
Vol 6 (4) ◽  
pp. 209-245 ◽  
Author(s):  
Diego Comin ◽  
Norman Loayza ◽  
Farooq Pasha ◽  
Luis Serven

We study the transmission of business cycle fluctuations for developed (N) to developing economies (S) with a two-country, asymmetric, DSGE model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate goods to S. Consistent with the data, the flow of technologies from N to S co-moves positively with output in N and S; shocks to N have a large effect on S; business cycles in N lead over medium term fluctuations in S; the cross-correlation of outputs is larger than consumption; and interest rates in S are countercyclical. (JEL E13, E32, F14, F21, F32, O19, O33)


2010 ◽  
Author(s):  
Diego A. Comin ◽  
Norman Loayza ◽  
Farooq Pasha ◽  
Luis Servén

Policy Papers ◽  
2006 ◽  
Vol 2006 (34) ◽  
Author(s):  

There is now widespread recognition that addressing quota and voice imbalances across the membership is essential for preserving the effectiveness of the Fund and its credibility as a cooperative institution. As noted in the Managing Director’s Report on Implementing the Medium-Term Strategy,2 members’ quotas have become increasingly out of line with countries’ economic weight in the global economy. In addition, the declining role of basic votes since the Fund was established has weakened the voice of smaller developing countries.


2018 ◽  
Vol 18(33) (2) ◽  
pp. 156-165
Author(s):  
Włodzimierz Kołodziejczak

The Polish rural population is highly differentiated in terms of occupational situation, mainly because of the rural population’s involvement in individual farming. The purpose of this paper is to investigate the occupational situation of the rural farming and landless population in 2002, 2016 and 2017 in the context of non-farming job opportunities and unemployment risks. The study consists of two parts; the first one analyses the changes to the occupational situation of the rural population in the labour market; the second one identifies the risk of unemployment in selected groups of rural population. Aggregated weighted data and non-aggregated, non-published non-weighted BAEL (Polish LFS) data was used as source material. The study period witnessed a considerable improvement of the rural population’s occupational situation. However, if there is a slowdown in economic growth, the occupational situation of the rural population may deteriorate. In the short and medium term, people involved in individual farming and landless woman, i.e. the group where the real unemployment rate is much lower than equilibrium unemployment, will be particularly severely affected. In the longer term, the adverse impact of business cycles may also deteriorate the situation of landless men if their equilibrium unemployment level “follows” the real unemployment rate.


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