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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Chi tiết về thư mục
Tác giả chính: Kose, Ayhan
Tác giả khác: Prasad, Eswar, Terrones, Marco
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2003.
Loạt:IMF Working Papers; Working Paper ; No. 2003/027
Truy cập trực tuyến:Full text available on IMF