Commodity price shocks and the balance sheet effect in emerging economies |
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Authors: | Torres-García Alejandro Montoya-Arbeláez Jaime Wberth-Escobar Laura |
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Affiliation: | 1.School of Economics and Finance, Universidad EAFIT, Carrera 49 N 7 sur 50, Medellín, Colombia ;2.Faculty of Economic Sciences, Universidad de Antioquia, Calle 67 N 53-108, Medellín, Colombia ;3.Medellín, Colombia ; |
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Abstract: | Economic Change and Restructuring - We study the role of commodity price shocks in explaining business cycles in emerging economies, but including a financial transmission mechanism that has been... |
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