Common factors in Latin America's business cycles /

This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic factors extracted from a comprehensive set of sectoral output, external data, and fiscal and financial variables spanning over a century. The constructed indices are used to derive a bus...

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Bibliographic Details
Main Authors: Aiolfi, Marco (Author), Catão, Luis (Author), Timmermann, Allan (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Research Dept., ©2006.
Series:IMF working paper ; WP/06/49.
Subjects:
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