Coverart for item
The Resource The sources of business cycles in a low income country, Romain Houssa, Jolan Mohimont, and Christopher Otrok

The sources of business cycles in a low income country, Romain Houssa, Jolan Mohimont, and Christopher Otrok

Label
The sources of business cycles in a low income country
Title
The sources of business cycles in a low income country
Statement of responsibility
Romain Houssa, Jolan Mohimont, and Christopher Otrok
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
We examine the role of global and domestic shocks in driving macroeconomic fluctuations for Ghana. We are able to study the impact of exogenous shocks including productivity, credit supply, and commodity price shocks. We identify the shocks with a combination of sign and recursive restrictions within Bayesian VAR models. As a benchmark we provide results for South Africa to document the difference between two economies with similar structures but different levels of development. We find that global shocks play a more dominant role in South Africa than in Ghana. These shocks operate through three channels: trade, credit and commodity prices.--Abstract
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Houssa, Romain
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 No. 15/40 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Mohimont, Jolan
  • Otrok, Christopher
  • International Monetary Fund
  • International Monetary Fund
Series statement
IMF Working Paper,
Series volume
WP/15/40
http://library.link/vocab/subjectName
  • Business cycles
  • Economic stabilization
  • Economic stabilization
  • Externalities (Economics)
  • Business cycles
  • Financial crises
  • Financial crises
  • Business cycles
  • Economic policy
  • Economic stabilization
  • Externalities (Economics)
  • Financial crises
  • Ghana
  • South Africa
  • Ghana
  • South Africa
Label
The sources of business cycles in a low income country, Romain Houssa, Jolan Mohimont, and Christopher Otrok
Instantiates
Publication
Copyright
Note
  • "February 2015."
  • "Research Department and Strategy, Policy, and Review Department."
Bibliography note
Includes bibliographical references (pages 14-16)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover Page; Title Page; Copyright Page; Contents; List of figures; List of tables; 1. Introduction; 2. Background on Macroeconomic Conditions in Ghana; 1. Selected Macroeconomic indicators for Ghana (YoY percent); 2. Exchange Rates and International Reserves (YoY percent); 3. Methodology; 3.1 Bayesian Vector Auto-Regressive (BVAR) Model; 3.2 Credit and Productivity Shocks; 1. Data; 2. Identification Restrictions; 3.3 Commodity Price Shocks; 4. Empirical Results; 4.1 Global Shocks and Fluctuations in Ghana and South Africa; 3. G7 Credit Shocks; 4. G7 Productivity Shocks
  • 4.2 Domestic Shocks and Fluctuations in Ghana and South Africa5. Domestic Credit Shocks; 6. Domestic Productivity Shocks; 4.3 Commodity Price Shocks; 7. Commodity Price Shocks; 4.4 Variance Decomposition Analysis; 3. Variance Decomposition for Credit and Productivity Shocks; 4. Variance Decomposition for Commodity Price Shocks; 5. Conclusions; 5. Data used in the Nowcasting; Footnotes
Control code
904052595
Extent
1 online resource (34 pages)
Form of item
online
Isbn
9781484388198
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781498310147.001
Other physical details
color illustrations
Specific material designation
remote
System control number
  • imfWPIEA2015040
  • (IMF)WPIEA2015040
  • (OCoLC)904052595
Label
The sources of business cycles in a low income country, Romain Houssa, Jolan Mohimont, and Christopher Otrok
Publication
Copyright
Note
  • "February 2015."
  • "Research Department and Strategy, Policy, and Review Department."
Bibliography note
Includes bibliographical references (pages 14-16)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover Page; Title Page; Copyright Page; Contents; List of figures; List of tables; 1. Introduction; 2. Background on Macroeconomic Conditions in Ghana; 1. Selected Macroeconomic indicators for Ghana (YoY percent); 2. Exchange Rates and International Reserves (YoY percent); 3. Methodology; 3.1 Bayesian Vector Auto-Regressive (BVAR) Model; 3.2 Credit and Productivity Shocks; 1. Data; 2. Identification Restrictions; 3.3 Commodity Price Shocks; 4. Empirical Results; 4.1 Global Shocks and Fluctuations in Ghana and South Africa; 3. G7 Credit Shocks; 4. G7 Productivity Shocks
  • 4.2 Domestic Shocks and Fluctuations in Ghana and South Africa5. Domestic Credit Shocks; 6. Domestic Productivity Shocks; 4.3 Commodity Price Shocks; 7. Commodity Price Shocks; 4.4 Variance Decomposition Analysis; 3. Variance Decomposition for Credit and Productivity Shocks; 4. Variance Decomposition for Commodity Price Shocks; 5. Conclusions; 5. Data used in the Nowcasting; Footnotes
Control code
904052595
Extent
1 online resource (34 pages)
Form of item
online
Isbn
9781484388198
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781498310147.001
Other physical details
color illustrations
Specific material designation
remote
System control number
  • imfWPIEA2015040
  • (IMF)WPIEA2015040
  • (OCoLC)904052595

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