Cycles, Economic Structures and External Constraints: A Structuralist Study on the Causes of Economic Volatility in Latin America

Spinola, Danilo (2020) Cycles, Economic Structures and External Constraints: A Structuralist Study on the Causes of Economic Volatility in Latin America. Global Academic Press - Proefschrift Maken, Maastricht. ISBN 9789463806985

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Abstract

The main objective of this book is to understand the causes behind the endogenous volatile behavior of Latin American economies in a New-Structuralist perspective. Many distinct authors argue that the repetition of strong boom-bust dynamics is a structural problem in the economic development of Latin America. In this research we search for the underlying causes of this behavior, discussing volatility as an endogenous phenomenon, intrinsic to the characteristics of these fragile economies.
We assess this research question following empirical and theoretical approaches. The empirical approach initially consists on identifying the main characteristics of economic growth cycles in Latin America from real Gross Domestic Product (GDP) data. Secondly, we test the assumptions of the models developed in this thesis. Thirdly we check how the economic system behaves when there are exogenous shocks to some specific variables.

Item Type: Book
Date: 1 March 2020
Uncontrolled Keywords: Economic Cycles, Latin America, Economic Development, Structuralism
Subjects: L100 Economics
Divisions: Faculty of Business, Law and Social Sciences > Birmingham City Business School > Department of Accounting, Finance and Economics
Faculty of Business, Law and Social Sciences > Birmingham City Business School > Centre for Applied Finance and Economics
Depositing User: Danilo Sartorello Spinola
Date Deposited: 01 Feb 2021 09:33
Last Modified: 01 Feb 2021 09:33
URI: http://www.open-access.bcu.ac.uk/id/eprint/10819

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