My da|ra Login

Detailed view

metadata language: English

Replication data for: Real Business Cycles in Emerging Countries?

Version
1
Resource Type
Dataset
Creator
  • García-Cicco, Javier
  • Pancrazi, Roberto
  • Uribe, Martín
Publication Date
2010-12-01
Description
  • Abstract

    We use more than a century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job of explaining business cycles in emerging countries. We then estimate an augmented model that incorporates shocks to the country premium and financial frictions. We find that the estimated financial-friction model provides a remarkably good account of business cycles in emerging markets and, importantly, assigns a negligible role to nonstationary productivity shocks. (JEL E13, E32, E44, F43, O11, O16)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.100.5.2510 (Text)
Publications
  • García-Cicco, Javier, Roberto Pancrazi, and Martín Uribe. “Real Business Cycles in Emerging Countries?” American Economic Review 100, no. 5 (December 2010): 2510–31. https://doi.org/10.1257/aer.100.5.2510.
    • ID: 10.1257/aer.100.5.2510 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

García-Cicco, Javier; Pancrazi, Roberto; Uribe, Martín (2010): Replication data for: Real Business Cycles in Emerging Countries?. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112393V1