Oil prices and economic cycles in a dollarized economy: A Markov Switching Regime approach applied to the Ecuadorian Economy

The economies of commodity exporters are highly exposed to commodity price cycles; however, booms and busts can cause asymmetric impacts within the economy. Understanding the dynamics of these cycles can assist in the management of their broader impacts on economic and social wellbeing, Accordingly,...

• Autor principal: Carvajal, Alexander (author)
• Altres autors: Martin-Mayoral, Fernando (author)
• Format: article
• Idioma: spa
• Publicat: 2021
• Matèries: Economic growth; Business cycle; Time Series; non-linear models; Markov Switching Model; Crecimiento económico; Ciclo económico; Series de Tiempo; modelos no lineales; Cambio de Régimen de Markov
• Accés en línia: https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/274