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...

Повний опис

Бібліографічні деталі
Автор: Kose, Ayhan
Інші автори: Prasad, Eswar, Terrones, Marco
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2003.
Серія:IMF Working Papers; Working Paper ; No. 2003/027
Онлайн доступ:Full text available on IMF