Series: IMF Working Papers
Author(s): Magda Kandil
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 29 April 2014
Keywords: Demand Shocks Asymmetric Effects Contractionary and Inflationary Biases, aggregate demand, price inflation, real output, money supply, Asymmetric Effects, Contractionary and Inflationary Biases., Demand Shocks, General,
The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price inflation over the business cycle in a sample of fifteen Caribbean countries. In most countries, th...