Understanding the Evolution of World Business Cycles /

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor model to estimate common and country-specific components in the main macroeconomic aggregates of the Group of Seven (G-7) countries. We then quantify the relative importance of these...

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Bibliografiska uppgifter
Huvudupphovsman: Kose, Ayhan
Övriga upphovsmän: Otrok, Christopher, Whiteman, Charles
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2005.
Serie:IMF Working Papers; Working Paper ; No. 2005/211
Länkar:Full text available on IMF