Has Globalization Really Increased Business Cycle Synchronization? /
This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization at th...
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Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2016.
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Saila: | IMF Working Papers; Working Paper ;
No. 2016/054 |
Sarrera elektronikoa: | Full text available on IMF |