World Bank2015-01-142015-01-142013-12-20https://hdl.handle.net/10986/21279This supplementary volume of the study on Growth Volatility in Paraguay—Sources, Effects, and Options provides a number of background papers and material that was prepared as part of this study. The topics are closely linked with the overarching story telling presented in the first volume of the report. 1) Business Cycles Accounting for Paraguay, by Viktoria Hnatkovska and Friederike (Fritzi) Koehler-Geib. 2) Agricultural Performance and Macroeconomic Outcomes in Paraguay, by Hakan Berument. 3) Paraguayan Agricultural and Macroeconomic Performance: A Wavelet Approach, by Hakan Berument. 4) A study of the Volatility of the Agricultural GDP in Paraguay and its impact in the Rest of the Economy, by Dionisio Borda, Franchesco Anichini, and Julio Ramirez.en-USCC BY 3.0 IGOACCESS TO FINANCINGACCOUNTINGADVERSE IMPACTAGGREGATE INVESTMENTAGGREGATE SUPPLYAGRICULTURAL OUTPUTAGRICULTUREASSET PRICESAUTOREGRESSIONAVERAGE PRODUCTIVITYBALANCE OF PAYMENTSBANK POLICYBENCHMARKBORROWINGBUSINESS CYCLEBUSINESS CYCLE VOLATILITYBUSINESS CYCLESCAPITAL ALLOCATIONCAPITAL INFLOWSCAPITAL MARKETSCAPITAL RETURNSCAPITAL SHARECAPITAL SHARESCAPITAL STOCKCAPITAL STOCKSCENTRAL BANKCOLLECTIVE BARGAININGCOMMODITIESCOMMODITYCOMMODITY PRICECOMMODITY PRICESCONSUMERSCREDIT BUREAUCREDIT MARKETCREDIT MARKETSCREDITORSDEBTDEMAND ANALYSISDEVELOPED COUNTRIESDEVELOPING COUNTRIESDEVELOPING ECONOMIESDEVELOPING ECONOMYDEVELOPMENT ECONOMICSDIRECT VALUEDISCOUNT RATEDOMESTIC DEMANDDOMESTIC INTEREST RATEDOMESTIC PRICEDRIVERSDUMMY VARIABLESECONOMETRIC ANALYSISECONOMIC ACTIVITYECONOMIC CONDITIONSECONOMIC DEVELOPMENTECONOMIC FLUCTUATIONSECONOMIC GROWTHECONOMIC MANAGEMENTECONOMIC OUTCOMESECONOMIC RESEARCHECONOMIC THEORYECONOMIC TIME SERIESECONOMICSEFFECT OF VOLATILITYEMERGING ECONOMIESEMERGING ECONOMYEMPLOYMENTEXCHANGE RATEEXPORT PERFORMANCEEXPORT SHAREEXPORT SHARESEXPORTSEXTERNAL SHOCKSFACTOR MARKETSFACTORS OF PRODUCTIONFINANCIAL CONDITIONSFINANCIAL FLOWSFINANCIAL INFLOWSFINANCIAL MARKETSFINANCIAL SHOCKSFISCAL POLICIESFISCAL POLICYFORECLOSUREFOREIGN DEMANDFOREIGN INVESTORSFORMAL ANALYSISGDPGENERAL EQUILIBRIUMGINI COEFFICIENTGLOBAL BUSINESSGLOBAL ECONOMIC PROSPECTSGOVERNMENT CONSUMPTIONGOVERNMENT INVESTMENTGOVERNMENT POLICIESGOVERNMENT POLICYGOVERNMENT SPENDINGGROWTH RATEGROWTH VOLATILITYHIGH INCOMEHIGHER VOLATILITYHOLDINGHUMAN CAPITALINCOMEINCOME INEQUALITYINCREASE IN VOLATILITYINDEBTED HOUSEHOLDSINFLATIONINFLATION EXPECTATIONSINFLATIONARY EXPECTATIONSINNOVATIONINNOVATIONSINSTRUMENTINSURERINTEREST RATEINTEREST RATE SHOCKINTEREST RATE SHOCKSINTEREST RATESINTERNATIONAL CAPITALINTERNATIONAL CREDITINTERNATIONAL ECONOMICSINTERNATIONAL INTERESTINTERNATIONAL MONETARY FUNDINVENTORIESINVESTMENT DECISIONSLABOR ALLOCATIONLABOR EFFICIENCYLABOR FORCELABOR FORCE PARTICIPATIONLABOR MARKETLINK BETWEEN VOLATILITYLIQUID ASSETSLIQUIDATIONLIQUIDITYLIQUIDITY CONSTRAINTSLOW INTEREST RATESLOW-INCOME COUNTRIESMACROECONOMIC FLUCTUATIONSMACROECONOMIC PERFORMANCEMACROECONOMIC UNCERTAINTYMACROECONOMIC VOLATILITYMACROECONOMICSMARGINAL PRODUCTMARGINAL PRODUCTSMARKET CONDITIONSMARKET DISTORTIONSMEASURE OF VOLATILITYMIDDLE INCOMEMIDDLE INCOME COUNTRIESMONETARY ECONOMICSMONETARY FUNDMONETARY POLICYNATIONAL INCOMENATURAL DISASTERSNET EXPORTSNOMINAL INTEREST RATEOIL PRICEOPEN ECONOMIESOPEN ECONOMYOUTPUT GAPOUTPUT VOLATILITYOUTPUTSPAYROLL TAXESPOLITICAL ECONOMYPORTFOLIOPOSITIVE EFFECTSPRICE CHANGESPRICE FLUCTUATIONSPRICE MOVEMENTSPRIVATE CREDITPRIVATE CREDIT BUREAUPRIVATE INVESTMENTPRIVATE INVESTMENTSPRIVATE SECTORPRODUCTION FUNCTIONPRODUCTION FUNCTIONSPRODUCTION STRUCTUREPRODUCTIVITYPRODUCTIVITY GROWTHPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC REGISTRYRAPID GROWTHREAL EXCHANGE RATEREAL GDPREAL INTERESTREAL INTEREST RATEREAL INTEREST RATESREMITTANCEREMITTANCESRETURNREVIEW OF ECONOMICSSAVINGSSEASONAL FLUCTUATIONSSHORT-TERM INTEREST RATESMALL ECONOMYSTANDARD DEVIATIONSTICKY WAGEST-BILLT-BILL RATETAXTAX BASE VARIABILITYTAX RATESTOTAL FACTOR PRODUCTIVITYTRADE BALANCETRADE SHOCKSUTILITY FUNCTIONVALUE ADDEDVOLATILE ECONOMIESVOLATILITIESVOLATILITYVOLATILITY MEASURESWAGESWEALTHWEALTH EFFECTSWORKING CAPITALWORLD DEVELOPMENT INDICATORSWORLD FINANCIAL MARKETSWORLD MARKETS10.1596/21279