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...

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Dettagli Bibliografici
Autore principale: Kose, Ayhan
Altri autori: Otrok, Christopher, Prasad, Eswar
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/143
Accesso online:Full text available on IMF