x d y π e i Variable definitions: volume of export; domestic expenditure; domestic output; domestic prices; x, d, y, e, π, real exchange rates; domestic interest rates i, Table 7.5.B Responses to domestic financial conditions, tourism receipts, and domestic interest rate shocks: domestic financial conditions, tourism receipts, and remittances I Shock R Domestic financial conditions Tourism receipts Remittances F
x d y π e i Variable definitions: x, volume of export; d, domestic expenditure; y, domestic output; π, domestic prices; e, real exchange rates; i, domestic interest rates Table 7.5.B Responses to domestic financial conditions, tourism receipts, and domestic interest rate shocks: domestic financial conditions, tourism receipts, and remittances I R F Shock Domestic financial conditions Tourism receipts Remittances
9906-A-nonlinear-structural-threshold-vector-autoregressive-model-with-block-exogeneity-restrictions-for-the-business-cycle.docx