Volatility and Comovement in a Globalized World Economy : An Empirical Exploration /

This paper analyzes the evolution of volatility and cross-country comovement in output, consumption, and investment fluctuations using two distinct datasets. The results suggest that there has been a significant decline in the volatility of business cycle fluctuations and a slight increase in the de...

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Bibliografski detalji
Glavni autor: Kose, Ayhan
Daljnji autori: Prasad, Eswar, Terrones, Marco
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2003.
Serija:IMF Working Papers; Working Paper ; No. 2003/246
Online pristup:Full text available on IMF