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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Kose, Ayhan
Outros Autores: Prasad, Eswar, Terrones, Marco
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
Colecção:IMF Working Papers; Working Paper ; No. 2003/027
Acesso em linha:Full text available on IMF