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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Kose, Ayhan
Muut tekijät: Otrok, Christopher, Whiteman, Charles
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/211
Linkit:Full text available on IMF