How Does Globalization Affect the Synchronization of Business Cycles? /

This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of synch...

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书目详细资料
主要作者: Kose, Ayhan
其他作者: Prasad, Eswar, Terrones, Marco
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2003.
丛编:IMF Working Papers; Working Paper ; No. 2003/027
在线阅读:Full text available on IMF