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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kose, Ayhan
Weitere Verfasser: Otrok, Christopher, Whiteman, Charles
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2005.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2005/211
Online Zugang:Full text available on IMF