Trade Openness and Volatility



Long, John and Charles Plosser, “Real Business Cycles,” Journal of Political Economy,
February 1983,
91 (1), 39-69.

Newbery, David M. G. and Joseph E. Stiglitz, “Pareto Inferior Trade,” Review of Economic
Studies
, January 1984, 51 (1), 1-12.

Pallage, Stephane and Michel A. Robe, “On The Welfare Cost of Economic Fluctuations
in Developing Countries,”
International Economic Review, May 2003, 44 (2), 677-98.

Raddatz, Claudio, “Liquidity Needs and Vulnerability to Financial Underdevelopment,”
2005. Forthcoming,
Journal of Financial Economics.

Ramey, Garey and Valerie A. Ramey, “Cross-Country Evidence on the Link Between
Volatility and Growth,”
The American Economic Review, December 1995, 85 (5),
1138-51.

Rodrik, Dani, Has Globalization Gone Too Far?, Washington, D.C.: Institute for Interna-
tional Economics, 1997.

___, “Why Do More Open Economies Have Bigger Governments?,” Journal of Political
Economy
, October 1998, 106 (5), 997-1032.

Stock, James H. and Mark W. Watson, “Has the Business Cycle Changed and Why?,”
in Mark Gertler and Kenneth S. Rogoff, eds.,
NBER Macroeconomics Annual 2002,
Cambridge, Mass.: The MIT Press, 2003, chapter 4, pp. 159-218.

United Nations Industrial Development Organization, “Industrial Statistics Database,”
2005. CD-ROM.

23



More intriguing information

1. I nnovative Surgical Technique in the Management of Vallecular Cyst
2. The quick and the dead: when reaction beats intention
3. Labour Market Institutions and the Personal Distribution of Income in the OECD
4. Distortions in a multi-level co-financing system: the case of the agri-environmental programme of Saxony-Anhalt
5. ESTIMATION OF EFFICIENT REGRESSION MODELS FOR APPLIED AGRICULTURAL ECONOMICS RESEARCH
6. Fiscal Reform and Monetary Union in West Africa
7. THE WAEA -- WHICH NICHE IN THE PROFESSION?
8. Who runs the IFIs?
9. Cultural Neuroeconomics of Intertemporal Choice
10. CONSIDERATIONS CONCERNING THE ROLE OF ACCOUNTING AS INFORMATIONAL SYSTEM AND ASSISTANCE OF DECISION