On the Welfare Cost of Economic Fluctuations in Developing Countries

By Stéphane Pallage, Michel A. Robe. 2003

269 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a2d1737814533828666fa97267591e92ce110464

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In Economics and Econometrics

Citations in the corpus

Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility (2003, background): “For those countries, not only the sta welfare cost of fluctuations would be much higher than the one for the United Sate Pallage and Robe (2003)), but the trend related welfare cost of volatility would m as well.”
Reaping the Benefits of Financial Globalization (2008, background): “However, others have shown that the welfare gains are much larger for emerging market and developing countries than for advanced countries (e.g., Pallage and Robe, 2003).”
Common Factors in Latin America's Business Cycles (2006, unknown): “[55] Pallage, Stephane and Michael Robe, 2003, On the Welfare Cost of Economic Fluctuations in Developing Countries.”
Growth Volatility and Financial Liberalization (2005, background): “van Wincoop’s (1999) survey suggests that the benefits of perfect risk sharing are quite substantial, and it is likely that they are much larger for emerging markets (see, for example, Obstfeld, 1992, 1995; Pallage and Robe, 2003).”
Remittances and Household Consumption Instability in Developing Countries (2011, background): “As pointed by Athahasoulis and van Wincoop (2000) and Pallage and Robes (2003), consumption instability could have detrimental consequences for the accumulation of human capital and physical capital.”
Financial Globalization and Economic Policies (2009, unknown): “Prasad, Rajan and Subramanian (2007) provide further evidence why the direct channel emphasized by the standard theory does not work.”