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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kose, Ayhan
Weitere Verfasser: Prasad, Eswar, Terrones, Marco
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/027
Online Zugang:Full text available on IMF