Global Business Cycles : Convergence or Decoupling? /

This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroe...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kose, Ayhan
Weitere Verfasser: Otrok, Christopher, Prasad, Eswar
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/143
Online Zugang:Full text available on IMF